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Petrobas reviews Golar participation in LNG terminal tender

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LNG Industry,

Reuters is reporting that Petroleo Brasileiro SA (Petrobras) is set to review Golar Power’s participation in an ongoing tender for the lease of an LNG import terminal in Bahia state.

It has been reported that Golar’s integrity analysis will be reviewed – a report that applies to all of Petrobras’ suppliers. All suppliers with a high level of integrity risk are restricted from doing business with the state-controlled company.

The review follows the citing of Golar Power’s CEO, Eduardo Antonello, in the early stages of the most recent phase of the six-year corruption investigation taking place in Brazil – known as the Car Wash probe.

The evidence against Antonello is reportedly from confessed criminals in plea bargains. No charges have been pressed.

In addition to reviewing the integrity analysis, Petrobras has said it is also preparing to review information from its former subsidiary and fuel distribution company Petrobras Distribuidora SA. The information requested from the former subsidiary relates to its LNG distribution partnership with Golar Power.

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