The Petrobras LNG Regasification Terminal in Bahia brings greater flexibility and assurances to natural gas supplies in Brazil, with regasification capacity now up to 41 million m³/day.

At precisely 1:13 pm on Friday (January 24, 2014), Petrobras added to the Brazilian gas pipeline network the first regasified LNG (Liquefied Natural Gas) from its new Regasification Terminal, located in Baía de Todos os Santos, Salvador, in the state of Bahia. The Bahia Regasification Terminal (TRBA) has a regasification capacity of 14 million m³/day of natural gas. With the new terminal now in operation, Petrobras' natural gas regasification capacity has risen from 27 million m³/day to 41 million m³/day, equivalent to almost one and half times the capacity to import gas from Bolivia. The company is already operating the regasification terminals at Pecém (Ceará state) and Guanabara Bay (Rio de Janeiro state) with their respective regasification capacities of 7 million m³/day and 20 million m³/day of natural gas.

The LNG is imported from various suppliers around the world in order to meet the domestic demand for natural gas, with a view to providing greater flexibility and guaranteeing supplies, thereby increasing the country’s energy security, which is essential to encourage new investment.

The TRBA involved an investment of around R$ 1 billion and is the country’s third LNG regasification terminal. An ingredient of the federal government’s Growth Acceleration Program (PAC), construction of the terminal was begun in 2012 and it was completed on time and generated 3,623 direct jobs in the region, while achieving a level of domestic content in its equipment and services of approximately 90%.

About Petrobras

We have upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.

We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. With innovation and daringness, we are now the Brazilian company that makes the applies for the most patents in Brazil and abroad.