The Suape Port LNG Gas Fired Power Plant is 288MW gas fired power project. It is planned in Pernambuco, Brazil. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 288 288 Permitting Pernambuco, Brazil Vibra Energia

Description

The project is being developed and currently owned by Vibra Energia.

It is a thermal power plant.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

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Power Purchase Agreement

The power generated from the project will be sold to New Fortress Energy under a power purchase agreement for a period of 15 years. The offtake capacity is expected to be 288MW.

About Vibra Energia

Vibra Energia SA (Vibra Energia), formerly Petrobras Distribuidora SA, is involved in the distribution of petroleum and biofuel products. Its product portfolio includes diesel, gasoline, lubricants and ethanol. The company also offers biofuel products. It operates through convience stores in Brazil. The company serves its clients by purchasing from Petroleo Brasileiro SA and retailing it to airlines, government, transportation, thermal plants and retailers in Brazil. Vibra Energia is headquartered in Rio de Janeiro, Brazil.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.