BP eyes Brazil gas buildout, may swap LNG imports for domestic output

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BP Plc wants to be part of an effort to build up natural gas infrastructure in B...

) could eventually be fired by offshore gas rather than imported liquefied natural gas , as plans now forecast.

Traditionally, gas produced in such fields is burned off or “re-injected” in a process that increases crude production. But some fields coming online have too much gas for those processes to remain viable.The government is encouraging more gas infrastructure, and firms with gas-heavy fields, such as Norway’s Equinor ASA , are looking at building pipelines and onshore terminals.

 

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