Petrobras says may mothball Ceara thermal plant, LNG terminal

Published 2016-09-23, 03:24 p/m
© Reuters.  Petrobras says may mothball Ceara thermal plant, LNG terminal
PETR4
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SAO PAULO, Sept 23 (Reuters) - Brazil's state-controlled oil company Petrobras PETR4.SA said problems with its LNG regasification terminal in Ceara state and a nearby thermoelectric plant could put at risk its plans to sell the assets as part of a massive divestiture program.

Documents shown to Reuters by the oil company said the Ceara state infrastructure secretariat plans to use the area of the LNG terminal for other purposes, which could prompt the company to mothball the thermoelectric and regasification plants.

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