This excerpt taken from the PBR 6-K filed Mar 4, 2008.
12.3 Description of the activities of the jointly-owned subsidiaries
Petrobras shares control of the thermoelectric power plants, Termoaçu, UTE Norte Fluminense, and a liquefied natural gas (LNG) re-gasification terminal, GNL do Nordeste, which were consolidated in proportion to Petrobras interest in total capital.
GNL do Nordeste is a liquefied natural gas re-gasification terminal aimed at re-vaporizing LNG to be built in the Suape Industrial and Port complex, in the state of Pernambuco.
This excerpt taken from the PBR 6-K filed Mar 18, 2005.
Description of the activities of the jointly-owned subsidiaries
PETROBRAS shares control of the companies TERMORIO, TERMOGAÚCHA, TERMOSERGIPE, TERMOAÇU, IBIRITERMO, TERMOBAHIA, UTE NORTE FLUMINENSE and GNL DO NORDESTE, which were consolidated in proportion to PETROBRAS interest in total capital.
These thermoelectric plants generate electricity based on the transformation of thermal energy derived from burning natural gas, which can operate on an open or simple cycle, combined cycle, cogeneration or combined cycle cogeneration.