Petrobras to sell LNG terminals and power plants

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Petrobras to sell LNG terminals and power plants

Petrobras has announced that it began a bidding process to sell its liquefied natural gas (LNG) terminals in Rio de Janeiro and Ceará, along with the thermoelectric power plants associated with these terminals.

The daily regasification capacity is of 20 million cubic meters at the Rio de Janeiro terminal and 7 million cubic meters at the Ceará terminal.
Until now, there are no deals signed securing the conclusion of the transaction, and no deliberation by the Executive Board or the Board of Directors of Petrobras. 

In March we reported that Pampa Energia offered approximately US$1.2 billion to Petroleo Brasileiro for its 67.2 percent stake in Petrobras Argentina.

Currently, Petrobras Energía is among the four largest producers of oil and gas in the South American country. The firm is present in United States, Brazil, Bolivia, Ecuador, Mexico, Peru and Venezuela. 

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