Barcarena FSRU departs Singapore for Brazil

The 160,000-cbm, Energos Celsius, which will serve New Fortress Energy’s FSRU-based LNG import terminal in Barcarena, has left Seatrium’s yard in Singapore and is on its way to Brazil.

Seatrium announced on Friday the delivery of the converted FSRU to NFE.

NFE sold this LNG carrier and ten other vessels last year to a joint venture it formed with compatriot asset manager Apollo.

Apollo owns 80 percent in Energos Infrastructure and NFE holds the rest.

The 2013-built vessel, previously known as Golar Celsius, is on long-term charter to NFE in Brazil.

Seatrium said the conversion of the FSRU was completed on time and within budget, and the unit has departed the Seatrium shipyard for Brazil.

Energos Celsius was on Friday still anchored offshore Singapore, its AIS data provided by VesselsValue shows.

Energos Celsius will have a nominal regasification capacity of 750 million standard cubicfeet per day (mmscfd), up to a maximum capacity of 1,000 mmscfd.

It will subsequently be deployed at NFE’s completed LNG terminal in Barcarena, Para state, Brazil, Seatrium said.

This LNG import terminal will be the first LNG import facility in the state of Para and the Northern region of Brazil, it said.

NFE said in August it completed the 3 mtpa Barcarena terminal worth about $700 million and the firm planned to ship first gas supplies to Norsk Hydro at the end of this year.

Besides an FSRU, the terminal located at the mouth of the Amazon River in Para includes a jetty, a three kilometers long pipeline, and a gas conditioning station that will initially serve Norsk Hydro.

In December 2021, NFE and Norsk Hydro finalized a 15-year deal to supply regasified LNG to the Alunorte alumina refinery in Brazil.

NFE is also also building the 605 MW Barcarena power plant and this facility will also receive regasified LNG from the Barcarena terminal and deliver power under 25-year power purchase agreements linked to JKM.

In November, NFE secured financing to complete construction of the Barcarena power plant, which is about 37 percent complete.

The power plant, located adjacent to NFE’s LNG import terminal, is “on schedule” to start operations in the third quarter of 2025 under a 25-year PPA with several electricity distribution companies in Brazil, it said.

NFE also said in November the conversion of the Energos Celsius from an LNG carrier to an FSRU “remains on schedule” for November completion, before delivery and first gas to customers at the Barcarena import terminal beginning at year end 2023.

Besides the Barcarena facility, NFE said in November that its LNG import terminal in Santa Catarina, Brazil will start commercial operations in January 2024.

NFE has executed a definitive deal to charter the 138,250-cbm FSRU Energos Winter from Brazil’s state-owned energy firm Petrobras starting in December 2023.

This FSRU, also owned by Energos Infrastructure, will serve the Santa Catarina terminal.

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About Stu Turley 3363 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.