RIO DE JANEIRO (Reuters) – Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil’s state-run energy firm Petrobras, two people with direct knowledge of the matter said.
The terminal and regasification facility was offered under a wider government effort to end the state oil company’s monopoly in natural gas imports and processing. The Bahia state terminal can process 20 million cubic meters per day of LNG and includes a 45 kilometer pipeline.
A bid by Golar Power, a joint venture between Golar LNG
and U.S. private-equity firm Stonepeak Infrastructure Partners, was the top offer received, the people said. Twelve companies applied to submit offers, including local subsidiaries of BP PLC
, Total SA
and Repsol SA
On Monday, Petrobras separately said it would conduct an integrity risk assessment of Golar Power, which does business with the state-controlled producer.