Porto Central and China Offshore Oil (Singapore) International (CNOOC) signed a Commercial contract for crude oil transshipment operations in Phase 1. 

The partnership with CNOOC, one of the largest oil companies in the world, foresees the use of the port infrastructure of the liquid bulk terminal. This terminal is dedicated to crude oil transshipment operations (known as “Ship-to-Ship” or “STS”), in a sheltered area, enabling large vessels, such as Very Large Crude Carriers (VLCCs), to perform these operations safely, with lower greenhouse gas emissions. This setup enhances logistical efficiency, reduces transportation costs, and minimizes environmental risks.

Porto Central's management emphasized the relevance of this collaboration: "We are building a port infrastructure that will consolidate the port as one of Brazil's main energy hubs. Our partnership with CNOOC reflects the port's role, strategically located in the center of the Brazilian coast in front of the pre-salt basins, as an important logistical and strategic solution for Brazil's oil sector."

This phase will meet the growing demand from the energy sector for port infrastructure specialized in oil exports, in line with the rapid increase in Brazil’s production, which will continue to grow in the coming years. Porto Central’s vision is to connect Brazil to the global energy market in an efficient, predictable and sustainable way, contributing to the economic development of the region and the country. 

Construction work on this phase began on December 4, 2024, and is a milestone for the project, which has the strategic goal of becoming a world-class, deep-water, multipurpose industrial port complex, with operations scheduled for December 2027.

About CNOOC

China National Offshore Oil Corporation (CNOOC) is China's largest offshore crude oil and natural gas producer and one of the world's largest independent oil and gas exploration and production companies. Its main business is exploration, development, production and sales of crude oil and natural gas. China Offshore Oil (Singapore) International Pte. Ltd is a subsidiary of CNOOC responsible for crude oil sales and trade.

Learn more about CNOOC at: https://www.cnoocltd.com/ 

About Porto Central

Covering over 20 million square meters, Porto Central is set to become one of the country's largest port and industrial complexes, operating as a multipurpose facility on the southern coast of Espírito Santo, Brazil. The port will accommodate vessels with drafts up to 25 meters, capable of handling the world's largest ships and various cargo types, including oil, natural gas, energy generation, offshore support, grains, fertilizers, minerals, containers, and general cargo, among others. 

Learn more about Porto Central at: https://www.portocentral.com.br/