• Petrobras has pegged $1.3 billion in investments for the construction of its fourth LNG import terminal in Brazil. The 14 million cubic metres per day regas project will be built in the south-eastern Espirito Santo state, in the municipality of Aracruz, due to its proximity to the huge pre-salt finds in the Campos and Santos basins. The state company is also progressing with construction and assembly of its third LNG terminal, located in the Bay of All Saints, Bahia state.