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GNA's 1.3 GW LNG-to-power complex received its first cargo (Brazil)

8 Jan 2021

Gas Natural Açu’s gas complex in the Port of Açu in Rio de Janeiro (Brazil) has received its first LNG cargo. The Açu Gas Hub consists of an LNG import and regasification terminal with a total capacity of 21 mcm/d (7.7 bcm/year) that will supply gas to two CCGT power plants, the 1.3 GW LNG-to-Power project GNA I worth BRL4.5bn (U$1.1bn), which is expected to start operations in the first half of 2021, and the 1.7 GW GNA II project expected in 2023. The estimated total planned investment in the GNA gas and power complex is approximately US$5bn. GNA plans to expand the gas-fired power project and to double its generation capacity to up to 6.4 GW.

In November 2020, the Brazilian unit of China’s State Power Investment Corporation (SPIC) closed the acquisition of a 33% stake in the 3 GW GNA I and GNA II LNG-to-power projects. SPIC will also participate in future expansion projects GNA III and GNA IV as part of overall 6.4 GW power and domestic gas hub strategy at Port of Açu. GNA is a joint venture of Prumo Logística, BP, Siemens and SPIC Brasil.

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