Tor Olav Troim-controlled Golar LNG is moving forward with two terminal projects in Brazil which would utilise floating storage and regasification units, as the company prepares to fire up the country’s Sergipe power plant in January 2020.

Speaking in a results briefing Golar Management chief executive Iain Ross said: “In addition to Sergipe, we're working hard on terminal projects at Barcarena in the North of Brazil and Babitonga Bay in the South, having received key government licences for an FSRU terminal in each location.”