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    Norwegian Firms Eye Brazilian LNG Market

Summary

One of Avenir LNG's carriers will be used to deliver LNG to Brazilian ports.

by: Joseph Murphy

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Natural Gas & LNG News, Americas, Liquified Natural Gas (LNG), Premium, Corporate, Import/Export, News By Country, Brazil

Norwegian Firms Eye Brazilian LNG Market

Avenir LNG, a joint venture between Norwegian firms Hoegh LNG, Golar LNG and Stolt-Nielsen that operates LNG carriers (LNGCs), has said it will collaborate with Golar Power on developing Brazil’s small-scale LNG market.

Avenir’s second 7,500-m3 LNGC will be used to ship LNG to various ports across Brazil after its delivery, the company said in a statement on November 19. It will also offer ship-to-ship bunkering services in the country.

Golar Power is a partnership between Golar LNG and US-based Stonepeak Infrastructure Partners, focused on downstream power and LNG distribution.

“Accessing small-scale tonnage to distribute LNG in Brazil underpins Golar Power’s commitment to the fast-growing Brazilian LNG market – a pivotal part of Golar Power’s strategy,” the company’s CEO Eduard Antonello said. “We are pleased to be able to leverage Golar LNG’s shareholding and direct access to tonnage through Avenir LNG.”