PETROBRAS - Petróleo Brasileiro SA

09/17/2021 | Press release | Distributed by Public on 09/17/2021 05:56

Petrobras on access to the Pecém LNG Regasification Terminal (Form 6-K)

Petrobras on access to the Pecém LNG Regasification Terminal


Rio de Janeiro, September 17, 2021 - Petróleo Brasileiro S.A. - Petrobras informs that it published today the call for the exceptional access process to the Pecém Liquefied Natural Gas Regasification Terminal, in the State of Ceará (TR-PECEM) and its associated facilities.

This process aims to comply with the determination of the Chamber of Exceptional Rules for Hydropower Management (CREG), in accordance with Letter No. 14/2021/CREG-MME of 08/09/2021, that Petrobras allows immediate and simplified access to TR-PECEM to the agent that proves expertise and initiates the operation in less time, with this requirement being verified through proof of availability of FSRU (regasification vessel) for berthing at the terminal.

The contractual model proposed here was conceived on an exceptional basis, in the context of the water crisis situation in the country, to meet the CREG determination.

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Finally, the leasing process for the LNG Regasification Terminal of Bahia (TR-BA) and associated facilities is in its final stage, awaiting the end of the term for appeals, with the company Excelerate Energy Comercializadora de Gás Natural Ltda. (Excelerate) declared the winner of the bidding.

About Pecém Terminal

TR-PECEM is located on Pier 2 of the Port of Pecém, in São Gonçalo do Amarante-CE. The maximum regasification flow rate of TR-PECEM is 7 million m³/d (@ 1 atm and 20°C).

The terminal's gas pipeline is 19.1 km long and 20 inches in diameter, connecting the TR-PECEM to the Guamaré-Fortaleza gas pipeline.

This material is being provided pursuant to Brazilian regulatory requirements, does not constitute an offering, under the U.S. securities laws, and is not a solicitation, invitation or offer to buy or sell any securities. The information on our website is not and shall not be deemed part of this report on Form 6-K.

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