The first LNG terminal in the south of the country, strategically located to serve growing industrial and power demand, Santa Catarina is expected to provide natural gas to the energy-constrained region.
In November 2023, New Fortress Energy executed a definitive agreement with Brazilian state-owned oil and gas giant Petrobras for the Energos Winter which will be deployed to TGS.
At the time, NFE revealed that the FSRU would be sub-chartered by NFE through the remaining term of the Petrobras charter with U.S.-based Energos infrastructure and then direct-chartered by NFE on a long-term basis with Energos. This is expected to enable NFE to continue uninterrupted service on a long-term basis.
Andrew Dete, Managing Director of NFE, commented on the terminal: “The TGS terminal is a unique, high-growth opportunity for NFE, as connection to the pipeline system in south Brazil offers a diverse and near-term set of opportunities across power and gas supply.”