Friday, December 14, 2012

Gas Monetization in Solimoes basin

HRT is looking to monetize their gas in the Solimoes basin.  In their August 2012 Enercom presentation, they mention the possibility of building a pipeline line like the Urucu-Coari pipeline which has proven its economics.

http://en.wikipedia.org/wiki/Urucu%E2%80%93Manaus_pipeline

http://www.hydrocarbons-technology.com/projects/urucu-coari/

http://www.petrobras.com.br/en/news/urucu-coari-manaus-gas-pipeline-more-energy-for-brazil/


Furthermore, Petrobras has plans to construct a pipeline to connect its Jurua gas field with its Urucu-Coari pipeline.

http://www.amazonrainforestnews.com/2011/10/brazils-petrobras-plans-pipeline-to.html

Note that the Jurua field is adjacent to large gas finds that HRT/TNK-Brasil has made this year.  Also note that HRT, TNK-Brasil, and Petrobras have signed a letter of intent for the monetization of the natural gas in the Solimoes basin.

This final article wraps up the current situation:

http://www.bloomberg.com/news/2012-10-24/petrobras-rescue-turns-hrt-into-biggest-gainer.html

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