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Hydro, Golar Power and CELBA terminate MoU

Hydro, Golar Power and CELBA have mutually decided to terminate the Memorandum of Understanding (MoU) between Hydro’s alumina refinery Alunorte, Golar Power Brasil Participações and Centrais Elétricas Barcarena (CELBA) for the project to bring liquified natural gas (LNG) to the Alunorte refinery in Brazil.

Entrance to Alunorte alumina refinery in Brazil.

The MoU was signed in July 2020. The decision to terminate the MoU is based on the provisions of the agreement.

Hydro is committed to pursue natural gas as an energy source for the Alunorte refinery and will continue discussions with interested parties.

Line Haugetraa

Line Haugetraa

Head of Investor Relations

halvor molland

Halvor Molland

Senior vice president, Media Relations