Brazilian state-run oil company Petrobras may have to start a new bidding process for the lease of a liquefied natural gas (LNG) regasification terminal in Bahia.

The TR-BA lease process consists of a 20 million cubic metres per day (Mmcm/d) terminal and associated pipeline in northern Brazil. It doesn’t include a floating storage and regasification unit (FSRU) vessel.

The company said it opened bids from three companies: BP, Compass Gas e Energia, and Golar Power. Only one commercial proposal was received, but it was then disqualified.

BP requested to postpone the opening of commercial proposals to eventually solve “pending issues,” while Compass presented a letter of decline of the commercial proposal.

Petrobras received a commercial proposal from Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure, currently known as Hygo Energy Transition.

But Petrobras’ integrity risk assessment disqualified Golar Power from the competition due to corruption allegations against Golar Power’s CEO Eduardo Antonello. The executive, (who denies any wrongdoing), took a leave of absence from the company last month.

Petrobras said: “The bidding process enters its recursal phase. If the contest is closed without valid proposals having been obtained by Petrobras, the company will carry out a new bidding process.”

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7th October 2020