Golar Plans Brazil LNG Import Terminal

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

 

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