Amazon gas fields to feed power generation

An agreement in principle has paved the way for Petroleo Brazileiro SA to develop its gas reserves in the Amazon basin to support local power generation. A terms-of-commitment agreement was signed between Brazilian state firms Petrobras, Eletrobras, and Gaspetro, along with the state governments of Amazonas and Rondonia and the gas distributors for those states, Cigas and Rongas, respectively. The agreement defines the conditions for the Urucú natural gas thermoelectric generation project. The project involves replacing the fuel oil now burned in the generation units of the northern Brazilian states of Amazonas, Rondonia, and Acre with natural gas from the Solimoes ba...

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