Sepetiba Bay FSRU

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Sepetiba Bay FSRU is an operating LNG import terminal in Brazil.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Sepetiba Bay FSRU Itaguaí, Rio de Janeiro, Brazil[1] -22.928227, -43.857039 (approximate)

The map below shows the approximate location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Sepetiba Bay FSRU import[2] operating[3][4][5][2] 2.7 mtpa[2] 2.7 mtpa True Karkey I, Karkey II, Porsud I, Porsud II[6]

Table 3: Cost

Name Facility type Cost Total known terminal costs
Sepetiba Bay FSRU import[2]

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Sepetiba Bay FSRU import[2] operating[3][4][5][2] 2021[5] 2021 (FID)[2] 2022[3][4][5][2]

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Sepetiba Bay FSRU import[2] operating[3][4][5][2] KARMOL [100%][3][2] Karadeniz Holding AŞ; Mitsui O.S.K. Lines Ltd Karpowership[2]

Table 6: Vessel ownership

Name Facility type Status Vessel Vessel owners Vessel operator
Sepetiba Bay FSRU import[2] operating[3][4][5][2] LNGt Powership Asia[7] Karpowership[2] Karpowership[2]

Background

The Sepetiba Bay FSRU is an LNG import and regasification unit that was deployed in 2022 to supply fuel to four floating power stations (Karkey I and II, and Porsud I and II) in the Bay of Sepetiba off the coast of southeastern Brazil.[8] The temporary power stations were rapidly deployed following a 2021 special energy auction designed to meet a shortfall in hydroelectric generation resulting from Brazil's prolonged drought.[8][9] Test operations at the FSRU began In October 2022; the FSRU and associated power stations were expected to remain in operation through December 2025.[10] The FSRU is owned by KARMOL, a joint venture between Karpowership and Mitsui O.S.K. Lines.[10]

In Brazil's March 2026 energy auction, the four power plants associated with the Sepetiba Bay FSRU all won contracts to continue operating through 2038[11], implying that floating LNG-to-power infrastructure would remain in Sepetiba Bay well beyond the December 2025 date originally cited in GIIGNL's 2023 annual report.[12] As of June 2026, Marine Traffic reported that the Karmol LNGT Powership Asia was still berthed in Sepetiba Bay[13], and a 2024 report from the Hawaiʻi State Energy Office (HSEO) indicated that the vessel held a contract to remain in Brazil through January 2038.[14] However, the latter date could not be independently verified, and the charterer listed in the HSEO report, Ceiba Energy, has no connection to the Sepetiba project, leaving it unclear how long the current FSRU vessel will continue serving these power plants.

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. https://web.archive.org/web/20240125090149/https://dadosabertos.aneel.gov.br/dataset/siga-sistema-de-informacoes-de-geracao-da-aneel/resource/76310626-e2e0-4880-b199-d63fe287f279. Archived from the original on 2024-01-25. {{cite web}}: Missing or empty |title= (help)
  2. 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 2.14 2.15 (PDF) https://cdn.prod.website-files.com/67bdb9fc993751711c5f54fd/685278fda1e68e3b4324e2cf_0432365c1c5b8fb129ae8055cca8cb9b_%23GIIGNL%20-%20Livre%202025-20250610-Simple.pdf. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 3.3 3.4 3.5 https://www.igu.org/igu-reports/2025-world-lng-report?gad_source=1&gad_campaignid=22570706637&gbraid=0AAAAA9kOlQjyt6hUkZGX_RurEkcHXmNXD&gclid=CjwKCAjwi-DBBhA5EiwAXOHsGaWVYYsRaJy3-JGSjWw0q0CXTzrVa1-hCgvxwPR541313mP7dAIk5RoCum0QAvD_BwE. {{cite web}}: Missing or empty |title= (help)
  4. 4.0 4.1 4.2 4.3 4.4 https://www.4shared.com/web/preview/pdf/71J_Nzs_fa. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 5.2 5.3 5.4 5.5 (PDF) https://www.karpowership.com/media/gsck3jqw/case-study-brazil.pdf. {{cite web}}: Missing or empty |title= (help)
  6. https://portalportuario.cl/cdrj-e-karpowership-celebram-acordo-para-viabilizar-a-instalacao-de-termeletricas-flutuantes/. {{cite web}}: Missing or empty |title= (help)
  7. (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf. {{cite web}}: Missing or empty |title= (help)
  8. 8.0 8.1 "CDRJ e Karpowership celebram acordo para viabilizar a instalação de termelétricas flutuantes". Portal Portuario. June 23, 2022.
  9. Bibiana Maia (November 11, 2022). "Contratação de termelétricas coloca em xeque compromisso climático Brasileiro". O Eco.
  10. 10.0 10.1 "GIIGNL Annual Report 2024 (p 46)" (PDF). GIIGNL. 2024-06-03.{{cite web}}: CS1 maint: url-status (link)
  11. Resultados do Leilão - Leilão de Reserva de Capacidade na forma de Potência de 2026 - UTEs a Gás Natural, Carvão Mineral e UHEs, CCEE, March 18, 2026.
  12. "GIIGNL Annual Report 2023" (PDF). GIIGNL. 2023-07-13.{{cite web}}: CS1 maint: url-status (link)
  13. KARMOL LNGT POWERSHIP ASIA, Marine Traffic, June 21, 2026.
  14. "Economics of Accelerating Hawai'i's Energy Transition via LNG and other Alternative Fuels" (PDF). Hawai‘i State Energy Office. 2024-08-31. {{cite web}}: line feed character in |title= at position 72 (help)CS1 maint: url-status (link)