Oil & Gas

Brazil's Eneva looks upstream to allay gas supply fears

Brazilian energy firm Eneva has revealed plans to fast track the development of onshore natural gas fields to meet soaring thermoelectric fuel demand.

BNamericas
22/07/2014 18:10
Visualizações: 156 (0) (0) (0) (0)

 

 

 

Brazilian energy firm Eneva has revealed plans to fast track the development of onshore natural gas fields to meet soaring thermoelectric fuel demand.

 

The announcement came amid reports the company is facing a gas shortfall for four power plants in the northeastern state of Maranhão.

 

In a statement on Monday, Eneva said it was working with sister firm Parnaíba Gás Natural (PGN) to guarantee supply to the Parnaíba I (676 MW), Parnaíba III (176 MW) and Parnaíba IV (56 MW) facilities.

 

"Eneva and PGN are working to optimize current and future production within the life cycle of the gas fields," Eneva said in the statement.

 

"This involves, among other measures, managing existing wells, drilling additional ones and accelerating production at other discovered fields which are approved for commercial operation."

 

PGN says its Parnaíba basin gas reserves hold about 311Bm3. Gavião Real remains the only field in production, with Gavião Azul and Gavião Branco under development.

 

Meanwhile, PGN said it was no closer to announcing the startup of its troubled Parnaíba II plant.

 

The 518MW project had been earmarked to begin operating in March but has been beset by construction delays and fears of a fuel scarcity.

 

Eneva said it was still discussing a request to alter the plant's supply terms with power regulator Aneel.

 

"[We] will disclose the final terms and conditions of the Parnaíba II negotiation as soon as it is finalized with Aneel, given that the process is confidential until conclusion," the company said.

 

Parnaíba Gás Natural, a former subsidiary of Eike Batista's debt-mired OGX, is a joint venture between Cambuhy (73%), Eneva (18%) and E.ON (8%). The company has a majority stake in the concession of eight onshore blocks.

 

Most Read Today
see see
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
Rio Pipeline & Logistics 2025
Brazil and Argentina Close to Agreement on Natural Gas T...
11/09/25
Rio Pipeline & Logistics 2025
ITP Brasil showcases high-performance engineering soluti...
10/09/25
Rio Pipeline & Logistics 2025
Overview of investments in pipeline and logistics infras...
10/09/25
Rio Pipeline & Logistics 2025
Young talents present innovative solutions at the Young ...
10/09/25
Rio Pipeline & Logistics 2025
Ministry of Ports and Airports aims to expand the role o...
10/09/25
Auction
PPSA makes available access to the Hybrid Data Package f...
10/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline & Logistics 2025 Opens with Stronger Integr...
09/09/25
Rio Pipeline & Logistics 2025
At Transpetro, Social Responsibility Initiatives Support...
09/09/25
Rio Pipeline & Logistics 2025
DNV participates in Rio Pipeline & Logistics 2025
09/09/25
Rio Pipeline & Logistics 2025
Construtora Elevação Brings Innovation, Efficiency, and ...
09/09/25
ANP
A\Sense wins ANP technology challenge with advanced opti...
09/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline & Logistics 2025 kicks off today, September 9
09/09/25
Minas Gerais
With R$ 314 million investment, pioneering macaúba biofu...
03/09/25
Recognition
Supergasbras earns Gold Seal in the Brazilian GHG Protoc...
03/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2