Compass begins construction of regasification terminal at Port of Santos
Aug, 05, 2021 Posted by Ruth HollardWeek 202131
Compass Gás e Energia started the construction of the São Paulo regasification terminal (TRSP), located in the Port of Santos. Investments are estimated at R$700 million and the construction period is 20 months.
The project has a nominal licensed regasification capacity of 14 million cubic meters per day and a storage capacity of 173,000 cubic meters of liquefied natural gas (LNG).
The company emphasizes that the terminal will operate on a charter model of the floating LNG storage and regasification unit (FSRU).
According to Compass, the implementation of the TRSP will be an important lever for the development of the free market for natural gas, promoting greater competition in the country.
Source: Valor Econômico
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