Ceiba Energy is developing the Portocem LNG-to-Power project in Brazil
Project: Portocem LNG-to-Power Development
Location: Northeast Brazil
Project Details
- Simple Cycle Power Plant
- 1.6-GW PPA awarded for 15 years
Project Partners
- Partnered with global gas supply & transportation and energy marketing & LNG shipping companies
- EPC services to be provided by leading global OEM and construction firms
Plant Site Characteristics
- Site permitted for ~2.2 GW, with provisional environmental license approved
- Ideal location to connect to existing port (15 km away) for gas pipeline
- Port already set up for LNG, currently operating with an FSRU
- Transmission line ~5 km to existing substation
Project Benefits
- The plant will provide reliable and firm capacity to Brazil
- Up to 3,000 jobs created during construction period, and up to 150 employees during operations phase
- Project will provide economic benefits to the region
- Provides foundation for future gas market locally
- Complement the existing renewable energy base in the region
