Ultra reported this Friday that it foresees investments of R4 1.2 billion for the construction and operation of a terminal at the Port of Pecém, in the State of Ceará, for the movement of liquefied petroleum gas (LPG), also known as natural gas. kitchen.
According to the company, the project involves a partnership between its subsidiary Ultragaz and Supergasbrás Energia, through the formation of a specific purpose company (SPE) with equal participation among shareholders.
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The operation was submitted for approval by the Administrative Council for Economic Defense (Cade) and is also subject to other conditions precedent, according to Ultra.
“Once approved, a structure with a storage capacity of approximately 62 thousand tons will be built, with completion scheduled for 2028,” the company said in a statement to the market. “The project will promote greater security in the supply of LPG to the North and Northeast regions of the country, historically lacking in national production.”
(Reporting by Patricia Vilas Boas)
