Benore Logistics Ltd.
(BNL) has shipped more than 100 million tonnes of goods to Brazilian markets, the company said on Monday.
Benore said that the shipment of its new LNG and gas liquefied natural gas (LNG) terminals was the biggest in its history, adding that it shipped nearly 2.5 million tonnes to Brazil in fiscal year 2018.
The LNG shipments were made using its own facilities, including a refinery in Bremen, Germany, which it acquired in 2016.
In fiscal 2019, the LNG terminal accounted for approximately 15% of Benore’s revenues, the statement said.
BNL is the world’s largest LNG import and export company, supplying about 70% of Brazil’s total LNG demand.
The company said it had signed a memorandum of understanding with the government of Brazil, which would help to improve infrastructure and services.
The statement also said the company was in the process of finalising an agreement with the state of Sao Paulo for the construction of the LNPG plant, which will produce natural gas and liquefier the gas at a facility in the city.
BNL is Brazil’s biggest natural gas exporter.
The project is expected to be completed by the end of 2020.