Brazil Sparks Gazprom’s Interest
Gazprom plans to expand beyond the Eurasian continent and the first country in that other hemisphere to which Russian GAZPROM wants to take its technologies and capabilities is Brazil.
Head of the Gazprom Representative Office in Brazil and Latin America, Shakarbek Osmonov, said that the holding has suggested local companies build the first Underground Gas Storage facility (UGS) there.
"We have vast experience, and we have specialized companies that can supervise, manage and maintain these underground gas storage facilities. And Brazil is very interesting in that regard," Osmonov said.
And this is only part of what Gazprom can offer. The holding is interested in increasing the return of oil and gas wells in fields with falling production as well as unconventional gas liquefaction technology at the junction of high and low-pressure gas pipelines.
"When the main gas pipeline arrives at the gas distribution station, a pressure drop occurs at the junction and very favorable conditions are created that are economically very efficient for the production of liquefied natural gas in small quantities," the representative of Gazprom explained.
This technique is also of interest to Brazilian companies, since the gas transportation network in the country is still poorly developed, and many regions that need gas can receive it only in liquefied form. In general, the Brazilian gas market is young enough to be developed, at only 25 years old.
The help of Gazprom, a veteran of the global gas industry, will be very useful in this Latin American country. And then, it has not been excluded, perhaps throughout Latin America.
"Our strategic goal is to become a leader among the energy companies in the world. We need to be at the forefront, and in this regard, the internationalization of Gazprom's business, the move of this business beyond Europe and Asia, is very important. Here, in Latin America, we want to use the knowledge and know-how which we have accumulated,” Osmonov stated.
Dimitri Dolaberidze