Floating specialist Excelerate Energy has started delivering natural gas to the Brazilian market at the Bahia regasification terminal in Salvador, Bahia.

Excelerate’s floating, storage and regasification unit (FSRU) Excelerate Sequoia has an LNG storage capacity of 173,400 cubic meters. Excelerate and Brazilian state oil company Petróleo Brasileiro (Petrobras) signed the lease contract at the end of September, and Excelerate is now the first private sector company to sell regasified LNG to customers in Brazil.

CEO Steven Kobos said, “I commend Petrobras for running a transparent tender process as part of the Brazilian government’s efforts to open up the Brazilian gas market.”

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