Cosan FSRU

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Cosan FSRU, also known as FSRU da Cosan, is an operating LNG import terminal in Brazil.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Cosan FSRU Santos, São Paulo, Brazil[1][2][3] -23.91218, -46.364786 (exact)

The map below shows the exact location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Cosan FSRU import[4] operating[5][6][7][8] 3.7 mtpa[9][10] 3.7 mtpa True –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Cosan FSRU import[4] – –

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
Cosan FSRU import[4] operating[5][6][7][8] – – 2021[11] 2024[5][6][7][8] –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Cosan FSRU import[4] operating[5][6][7][8] Cosan SA [100%][12][13][14][15] Cosan SA [100.0%] Terminal de Regaseificação de São Paulo, SA (TRSP SA)[14]

Table 6: Vessel ownership

Name Facility type Status Vessel Vessel owners Vessel operator
Cosan FSRU import[4] operating[5][6][7][8] Höegh Giant[16][4] Höegh Evi[15][4] Höegh Evi[15][4]

Background

The Cosan LNG terminal was designed to include a 14 MMcmd FSRU (floating supply and regasification unit) attached to a fixed terminal in a ship-to-ship configuration near the city of Santos, Brazil. An 8.5-kilometer pipeline was to connect the terminal to Comgás's main distribution network at Cubatão, allowing for diversification of the region's gas supply.[17][18]

The project was developed by Grupo Cosan, the majority owner of Brazil's largest gas distributor, São Paulo-based Comgás.[17][18] Comgás was originally listed as the owner of the project, but control was subsequently handed over to Terminal de Regaseificação de São Paulo, SA, a separate subsidiary of Grupo Cosan, to avoid regulatory conflicts.[19]

São Paulo's state Secretary of Infrastructure and the Environment approved the project in April 2019[20], and the terminal received its preliminary license in May 2019 from the state environmental authority CETESB (Companhia Ambiental do Estado de São Paulo).[19]

Construction of the Cosan terminal began in August 2021.[21][22] In December 2021 Höegh LNG Holdings signed a 10-year charter to dock its Höegh Gannet FSRU at the terminal.[21]

In May 2022, Cosan's CEO Luís Henrique Guimarães confirmed that the project was on track to begin commercial operations in the first half of 2023.[23]

In February 2023, Höegh LNG confirmed that its 170,000 m³ Höegh Giant would be deployed to Brazil in the second quarter of 2023 to begin service at the Cosan terminal.[24] Höegh LNG has a 10-year contract to operate at the terminal.[25]

In a May 2023 teleconference with investors, Cosan acknowledged that the terminal's timeline had slipped due to challenges encountered while drilling to connect gas pipelines to the terminal; officials stated that start-up of commercial operations would be delayed until the second half of 2023, with subsequent ramp-up scheduled to continue into 2024.[26]

In September 2023, the Hoegh Giant FSRU loaded a commissioning cargo at the Cameron LNG terminal for delivery to the Cosan terminal.[27]

The Cosan terminal began operating in April 2024[28], but was almost immediately shut down by Brazil's national petroleum agency ANP for having failed to obtain prior authorization.[29] In May 2024, ANP granted approval for the terminal to begin a provisional "pre-operational" phase of up to 180 days[30], and Höegh LNG announced that commissioning of the Höegh Giant had been completed.[31]

Opposition

Environmentalists have warned of several potential dangers posed by the new terminal, including explosions, fires, and damage to mangrove swamps and local marine life.[32]

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://www.edge.com.vc/sobre-a-edge/nosso-modelo-de-operacao/. {{cite web}}: Missing or empty |title= (help)
  2. ↑ https://www.abegas.org.br/arquivos/72280. {{cite web}}: Missing or empty |title= (help)
  3. ↑ https://www.google.com/maps/place/23%C2%B054'43.9%22S+46%C2%B021'53.2%22W/@-23.91218,-46.364786,1361m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d-23.91218!4d-46.364786?entry=ttu&g_ep=EgoyMDI1MDkyMS4wIKXMDSoASAFQAw%3D%3D. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 4.2 4.3 4.4 4.5 4.6 4.7 (PDF) https://cdn.prod.website-files.com/67bdb9fc993751711c5f54fd/685278fda1e68e3b4324e2cf_0432365c1c5b8fb129ae8055cca8cb9b_%23GIIGNL%20-%20Livre%202025-20250610-Simple.pdf. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 5.2 5.3 5.4 https://lngprime.com/americas/hoegh-lng-commissioning-of-brazilian-fsru-completed/112972/. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 6.0 6.1 6.2 6.3 6.4 https://megawhat.energy/oleo-e-gas/anp-autoriza-terminal-de-gnl-da-compass-desde-que-segregado-do-subida-da-serra/. {{cite web}}: Missing or empty |title= (help)
  7. ↑ 7.0 7.1 7.2 7.3 7.4 https://www.abegas.org.br/arquivos/90157. {{cite web}}: Missing or empty |title= (help)
  8. ↑ 8.0 8.1 8.2 8.3 8.4 https://www.aspacer.com.br/2024/04/12/anp-interdita-terminal-de-regaseificacao-de-gnl-da-compass-por-operar-sem-autorizacao/. {{cite web}}: Missing or empty |title= (help)
  9. ↑ (PDF) https://web.archive.org/web/20240125090634/https://www.epe.gov.br/sites-pt/publicacoes-dados-abertos/publicacoes/PublicacoesArquivos/publicacao-412/Nota%20T%C3%A9cnica%20-%20Terminais%20de%20Regaseifica%C3%A7%C3%A3o%20de%20GNL%20no%20Brasil%20%28Ciclo%202018-2019%29.pdf. Archived from the original (PDF) on 2024-01-25. {{cite web}}: Missing or empty |title= (help)
  10. ↑ (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf. {{cite web}}: Missing or empty |title= (help)
  11. ↑ https://www.canalenergia.com.br/noticias/53182712/compass-inicia-construcao-do-terminal-de-regaseificacao-de-sao-paulo. {{cite web}}: Missing or empty |title= (help)
  12. ↑ https://www.igu.org/resources/2024-world-lng-report/. {{cite web}}: Missing or empty |title= (help)
  13. ↑ https://epbr.com.br/abertura-do-mercado-de-gas-natural-ja-tem-dez-novos-fornecedores/?utm_source=newsletters+epbr&utm_campaign=7e158e0599-mais-lidas_COPY_01&utm_medium=email&utm_term=0_5931171aac-7e158e0599-443596770. {{cite web}}: Missing or empty |title= (help)
  14. ↑ 14.0 14.1 "Terminais de GNL no Brasil, Ciclo 2019-2020" (PDF). EPE (Empresa de Pesquisa Energética). 2020-10-31. Archived from the original (PDF) on 2024-01-25.
  15. ↑ 15.0 15.1 15.2 https://www.offshore-energy.biz/hoegh-gannet-to-serve-compass-brazilian-lng-terminal/. {{cite web}}: Missing or empty |title= (help)
  16. ↑ https://lngprime.com/lng-terminals/hoegh-lng-to-send-fsru-to-brazil-in-second-quarter/74413/. {{cite web}}: Missing or empty |title= (help)
  17. ↑ 17.0 17.1 "Terminais de Regaseificação de GNL no Brasil: Panorama dos Principais Projetos (pp 21-23)" (PDF). EPE (Empresa de Pesquisa Energética). August 30, 2019.{{cite web}}: CS1 maint: url-status (link)
  18. ↑ 18.0 18.1 "Brazil prepares for a new phase of investments in LNG terminals". LNG Latin America & the Caribbean. Retrieved 2021-04-24.
  19. ↑ 19.0 19.1 "Terminais de GNL no Brasil (pp 25-26)" (PDF). EPE (Empresa de Pesquisa Energética). October 2020.{{cite web}}: CS1 maint: url-status (link)
  20. ↑ "Aprovado EIA-Rima para terminal de GNL da Comgás". Abegás. May 2, 2019.
  21. ↑ 21.0 21.1 "Höegh LNG charters FSRU to Compass' Brazilian LNG terminal". Offshore Energy. December 28, 2021.{{cite web}}: CS1 maint: url-status (link)
  22. ↑ "Compass inicia construção do Terminal de Regaseificação de São Paulo". Canal Energia. August 4, 2021.{{cite web}}: CS1 maint: url-status (link)
  23. ↑ "Crise dos preços do GNL não prejudica terminal de São Paulo, diz Cosan". Agência epbr. May 16, 2022.
  24. ↑ "Hoegh LNG to send FSRU to Brazil in second quarter". LNG Prime. February 23, 2023.
  25. ↑ "GIIGNL Annual Report 2023 (p 54)" (PDF). GIIGNL. July 13, 2023.{{cite web}}: CS1 maint: url-status (link)
  26. ↑ "1Q23 Teleconference Transcripst - Cosan Earnings Results". Cosan. May 16, 2023.{{cite web}}: CS1 maint: url-status (link)
  27. ↑ "GIIGNL Annual Report 2024 Edition (p 45)" (PDF). GIIGNL. 2024-06-03.{{cite web}}: CS1 maint: url-status (link)
  28. ↑ "A disputa judicial de Rubens Ometto, dono da Cosan, contra a ANP para liberar o gasoduto da Compass". Abegás. 2024-05-09.{{cite web}}: CS1 maint: url-status (link)
  29. ↑ "ANP interdita terminal de regaseificação de GNL da Compass por operar sem autorização » Aspacer". Aspacer. 2024-04-12.{{cite web}}: CS1 maint: url-status (link)
  30. ↑ Machado, Maria Clara (2024-05-24). "ANP autoriza terminal de GNL da Compass, desde que segregado do Subida da Serra". MegaWhat.{{cite web}}: CS1 maint: url-status (link)
  31. ↑ "Hoegh LNG: commissioning of Brazilian FSRU completed". LNG Prime. 2024-05-23.{{cite web}}: CS1 maint: url-status (link)
  32. ↑ "Governo de SP aprova terminal da Comgás com potencial explosivo". Rede Brasil Atual. September 4, 2019.