Golar Power Limited has signed a “protocol of intentions” with the government of Brazil’s Pernambuco state to develop a liquefied natural gas (LNG) import terminal in the Port of Suape in northeastern Brazil, Golar LNG reported Monday.
Golar Power is a 50/50 joint venture (JV) between Golar LNG and the private equity firm Stonepeak Infrastructure Partners, according to Stonepeak’s website.
By Matthew V. Veazey via RigZone