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Brazil's state oil company Petrobras announced Wednesday that it has closed a 1.4-billion-U.S.-dollar deal with the National Economic and Social Development Bank to finance the construction of a natural gas pipeline in the Amazon region.
Petrobras said its subsidiary Transportadora Urucu-Manaus S.A. will build the 383-km pipeline connecting the city of Coari with Manaus, capital city of Amazonas state.
The Brazilian energy giant said the funds will also be used to build a 279-km pipeline to transport liquefied petroleum gas (LPG) from the city of Urucu to Coari.
Petrobras said the gas will be used initially for thermoelectric power generation in Manaus, replacing the fuel oil generators currently being used. Gas will later be supplied to the region's industrial, commercial and domestic consumers.
The pipeline will have two delivery points in Manaus and seven distribution branches totaling 126 km to deliver gas to nearby cities. The project also includes the re-adaptation of an existing pipeline between Urucu and Coari.
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