New Fortress Energy, Inc. has announced the operational status of its Terminal Gas Sul LNG terminal in Santa Catarina, Brazil, with the presence of the Energos Winter Floating Storage Regasification Unit on-site.
TGS, an offshore LNG import terminal, boasts a capacity of approximately 6 MTPA (300 TBtu) and a maximum send-out of 500 mmscf/day. The terminal comprises the Winter FSRU and a 33-kilometre, 20-inch pipeline linking it to the existing inland Transportadora Brasileira Gasoduto Bolívia-Brasil (“TBG”) pipeline.
For NFE, TGS represents a promising opportunity within the Brazilian power and gas markets, offering substantial growth prospects. The terminal’s connectivity to the broader Brazilian gas market, encompassing over 3.5 GW of power lacking firm, long-term gas supply contracts and over 300 TBtu of industrial and residential gas consumers in the southern region of Brazil, underscores its strategic significance.
With both power and gas demand expected to surge, coupled with the decline of Bolivia’s historical main gas supply source, TGS assumes a critical role in meeting the region’s energy needs.
Wes Edens, Chairman and CEO of New Fortress Energy, highlighted the importance of TGS in Brazil’s evolving energy landscape. He emphasised the terminal’s direct connection to over 3.5 GW of existing power infrastructure without firm supply agreements, positioning it as a key asset. Edens expressed confidence in NFE’s ability to cater to the escalating demand by leveraging its vertically integrated portfolio of LNG assets and expertise.
For more information visit www.newfortressenergy.com
