Brazil eyes more LNG demand amid upcoming power auctions
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July 2, 2025

Brazil eyes more LNG demand amid upcoming power auctions

Brazil’s upcoming power auctions in December, seeking long-term electricity contracts from 2025, have attracted interest from LNG buyers like PETROBRAS and New Fortress Energy. Drought conditions have increased reliance on LNG for power, with Brazil boosting LNG imports and activating additional LNG-powered plants. Despite added import terminals, existing regasification capacity remains underutilized.

Brazil eyes more LNG demand amid upcoming power auctions

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