Excelerate Energy Inc. and Petróleo Brasileiro SA (Petrobras) have signed a 10-year contract to charter the floating storage and regasification unit (FSRU) Sequoia, starting Jan. 1, 2014.
The FSRU Sequoia has a storage capacity of 173,400 cu m and can operate as both an FSRU and a traditional LNG carrier. The FSRU has been providing regasification services at the Bahia Regasification Terminal (TR-BA) in Bahia, Brazil (OGJ Online, Dec. 10, 2021). The terminal has a regasification capacity of up to 700 MMcfd.
Under agreement, Excelerate will continue to deploy the FSRU to provide regasification services in Brazil, primarily at TR-BA, the company said in a release Oct. 17.
Since 2012, Excelerate has provided regasification services in Brazil at Petrobras' LNG terminals in Bahia, Guanabara Bay, and Pecém. The company's FSRU Experience reached send-out capacity of 1.06 bcf at the Guanabara Bay LNG Regasification Terminal in 2020.