New Fortress Energy’s TGS LNG Terminal in Brazil Goes Operational

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New Fortress Energy LNG Terminal Brazil FRSU

New Fortress Energy, Inc. announced today the commencement of operations at its Terminal Gas Sul (TGS) LNG terminal situated in Santa Catarina, Brazil. The terminal marks a significant milestone for the company’s expansion into the Brazilian energy market. Equipped with the Energos Winter Floating Storage Regasification Unit (FSRU), TGS is poised to meet the burgeoning energy demands of the region.

TGS boasts an offshore LNG import capacity of approximately 6 million metric tonnes per annum (MTPA) or 300 teraBritish thermal units (TBtu), with a maximum send-out capability of 500 million standard cubic feet per day (mmscf/day). The terminal’s infrastructure includes the Winter FSRU and a 33-kilometer, 20-inch pipeline linking it to the existing Transportadora Brasileira Gasoduto Bolívia-Brasil (TBG) pipeline, facilitating seamless connectivity to Brazil’s gas market.

This development signifies a strategic opportunity for New Fortress Energy within Brazil’s power and gas sectors. With connectivity to over 3.5 gigawatts (GW) of power infrastructure lacking firm supply contracts, and a substantial consumer base of over 300 TBtu in the southern region, TGS is poised to play a pivotal role in meeting the region’s growing energy demands.

The terminal’s significance is further underscored by the increasing demand for both power and gas, exacerbated by declining gas supply from Bolivia. As Bolivia’s supply diminishes, TGS emerges as essential infrastructure, vital for ensuring a stable energy supply in the region.

Commenting on the milestone, Wes Edens, Chairman and CEO of New Fortress Energy, Said, “TGS is directly connected to more than 3.5 GW of existing power infrastructure that lacks firm supply agreements, making the terminal a key asset in Brazil’s evolving energy landscape. With numerous new power projects required to balance the grid in Brazil in the near term, NFE is poised to meet growing demand by leveraging its vertically integrated portfolio of LNG assets and expertise,”

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company committed to addressing energy poverty and driving the transition towards reliable, affordable, and clean energy solutions worldwide. With its diversified portfolio of natural gas and LNG assets, along with an integrated fleet of ships and logistics infrastructure, the company aims to deliver turnkey energy solutions to global markets, reinforcing energy security, promoting economic growth, and fostering environmental stewardship.

New Fortress Energy LNG Terminal Brazil

The operationalization of the TGS LNG terminal marks a significant step forward for New Fortress Energy’s mission to revolutionize energy infrastructure and accelerate the global transition to clean energy sources.

Source New Fortress Energy