IGU Magazine April 2019

Page 50

F EA T URES

Natural gas: Creating wealth for Brazil Brazil aims to expand the important role that natural gas plays in the country’s energy matrix. By José Carlos Broisler Oliver The natural gas industry is currently

needs a source of energy not only for

such as Germany, Japan, Spain and the

one of Brazil’s most promising with

its transition to renewables, but also

United States. The other energy alter­

significant development potential

for stabilising its energy system. And

native, hydropower, which accounted

due to certain key factors.

that is where natural gas comes in as a

for 65% of the nation’s electricity

solution. In the future, we foresee an

supply in 2017, is insufficient to meet

solar and wind renewable energy,

energy profile based heavily on

demand, given the periods of low

given that solar energy cannot be

renewable energy sources, but with

reservoir levels. Furthermore, no major

generated during the night and winds

natural gas playing a significant role in

projects are currently planned for this

are abundant in certain regions, but

complementing power generation, as

energy source, given the saturation

not constant. Therefore, the country

already is the case in other countries,

of this power generation segment.

First is the intermittent nature of

Brazil has abundant natural gas resources. (above ) This FPSO platform in the Lula Extreme South area of the Santos Basin processes oil and gas. (o p p o s ite above ) This marine seismic vessel is prospect­ing for new resources in the Campos Basin.

48  Natural gas: Creating wealth for Brazil


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