Petrobras, in accordance with the commitments made through the Agreement, signed with the Administrative Council for Economic Defense (CADE), on July 8, 2019, informs that it is starting the process of leasing the LNG Regasification Terminal of Bahia (TR-BA), at Salvador/BA, and its integrated pipeline.

Thus, the company begins today the prequalification procedure of the candidates, aiming to qualify companies that express interest in participating in the bidding process, respecting the conditions presented in the Call for Prequalification, available on the Petrobras website (http://www.petrobras.com.br/en/business-channels/).

The process will follow the acts and rites provided for in Federal Law 13,303/2016 (State-Owned Companies Law).

The leasing is in line with the company's strategy of improving its capital allocation and building a favorable environment for new investors to enter the natural gas sector.

About the Asset

The TR-BA consists of an inshore terminal with all the required facilities for mooring a Floating Storage and Regasification Unit (FSRU) Vessel and an LNG Supply Vessel in a side-by-side configuration. The maximum regasification flow rate of TR-BA is 20 million m³/day (@ 1 atm and 20 ° C).

The integrated pipeline is 45 km long and 28 inches in diameter and connects TR-BA to two delivery points, São Francisco do Conde Pressure Reducing Station and São Sebastião do Passé Flow Control Station.

The FSRU is not part of the TR-BA lease process.