July 2008

Trends and Resources

HP Construction: South America

BG Group plc and Petroleo Brasileiro S.A. (Petrobras) have signed two liquefied natural gas (LNG) agreements. Under the agreements, BG Group will supply the import terminals being built by Petrobras ..

Thinnes, Billy, Hydrocarbon Processing Staff

BG Group plc and Petroleo Brasileiro S.A. (Petrobras) have signed two liquefied natural gas (LNG) agreements. Under the agreements, BG Group will supply the import terminals being built by Petrobras in Pecem and Guanabara Bay, Brazil. The first agreement represents the beginning of Petrobras as a buyer of LNG in the international market. This agreement will provide the first LNG cargo ever to be delivered into Brazil and it will be used for the commissioning of the Pecem terminal this month. The second agreement will enable LNG to be supplied to either the Pecem or Guanabara terminals in Brazil. Petrobras will define, load-by-load, which terminal the LNG will be delivered to. This will

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