GLNG: Excelerate begins deliveries to Bahia LNG

Excelerate Energy announced on December 8 that it had begun receiving gas deliveries at Brazil’s Bahia LNG import terminal in Salvador, Bahia State.
The company took control of the Bahia terminal last week after signing a lease agreement in September, having already been providing regasification services at Brazilian regasification facilities since 2012. It will now become the first private company to sell regasified LNG to customers in Brazil. Excelerate said it anticipates selling gas to a “diverse portfolio” of customers in this newly opened market.
Excelerate's floating storage and regasification unit (FSRU), Excelerate Sequoia, is providing regasification services at Bahia. The FSRU has an LNG storage capacity of 173,400 cubic metres, while the Bahia terminal has a regasification capacity of up to 700mn cubic feet (19.8mn cubic metres) per day.
The operations at Bahia are the latest example of the Excelerate Flexible Integrated Terminal (E-FIT) offering, which the company has also deployed at the Moheshkhali floating LNG (FLNG) terminal in Bangladesh.
The news that Excelerate is now receiving LNG deliveries at Bahia comes as Brazil continues to import record levels of LNG to compensate for reduced hydropower production in the midst of a drought. Market reforms and the enactment of a new natural gas law earlier this year that ended state-owned Petrobras’ monopoly have also helped fuel the boom in Brazilian LNG imports.