The company started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal in Salvador, Bahia, on 8 December.
More Regasification news
According to the company, China is expected to contribute 36% of total LNG regasification capacity additions in Asia between 2021 and 2025.
The company’s report states that India could account for 21% of APAC LNG regasification capacity by 2025.
Calling for LNG market players to participate in an EOI for a new proposed LNG tank storage in Pengerang, Johor, Malaysia.
According to GlobalData, China is set to commence the operations of 70 midstream oil and gas projects from 2021 to 2025.
The company has acquired a 49.9% stake in AES Colón from Inversiones Bahia, Ltd., increasing its ownership to 100%.
Once approved, Excelerate will start importing LNG and selling regasified natural gas to Brazilian customers.