Brazil’s National Waterway Transport Agency (ANTAQ) is to auction the leases for two bulk liquid terminals in the Port of Santos on November 19, 2021.
Brazil’s Ministry of Infrastructure says that it will be the biggest port lease for 20 years and will result in the creation of more than 16,000 jobs. It says that the Port of Santos is not currently large enough and requires expansion to meet growing demand. Both auctioned lease contracts will last for 25 years, and the terminals are expected to focus on liquid and gaseous bulk, especially fuel.
Terminal STS08 covers an area of 168,324m². ANTAQ says that site will require an investment of around BRL 260.6 million (€42.4 million) and will generate BRL 3.152 billion in gross revenue over the contract period.
Terminal STS08A covers an area of 297,349m². ANTAQ says that site will require an investment of around BRL 678.3 million (€42.4 million) and will generate BRL 7.207 billion in gross revenue over the contract period.
Both terminals are currently operated by Transpetro, a subsidiary of state oil company Petrobras. Transpetro is responsible for the flow of production of the refineries in São Paulo and LPG distribution in the southeast of Brazil. However, the Brazilian federal government is seeking to reduce the influence of Petrobras to create more competition and to lower costs. It recently signed lease contracts with Santos Brasil and Ultracargo for terminals in the Port of Itaqui.
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