Brazilian oil&gas sector recovery spurs growth for freight gateway RIOgaleao Cargo
Sep 11, 2018: As the Brazilian Oil & Gas sector shows signs of recovery, Brazilian freight gateway RIOgaleao Cargo seems to benefit from the growth.
The increase in pre-salt layer competitiveness due to the increase of oil prices, the reduction of operating costs as well as the restart of the agenda of exploration block auctions is stimulating one of the largest economic segments in Brazil. Currently, the country leads the oil production in Latin America, ahead of great producers such as Mexico and Venezuela. In 2017, Rio de Janeiro state contributed with 66 percent of the national oil production, which indicates the relevance of the activity for its economy.
In the first seven months of the year, the Cargo Terminal recorded a growth of 10 percent in the CIF and 5 percent in total weight, when compared to the same period of the previous year. The increase is also justified by the fact that RIOgaleao is the only airport in Rio de Janeiro with daily flights to serve the main cities of origin of the industry’s cargo, placing the terminal ahead of other logistic options in the region.
“Furthermore, the airport’s operational indicators show significant improvements for the area. There was a 52 percent reduction in cargo release time when compared to the start of the concession in August 2014. Today, an Oil & Gas load takes an average of 38 hours to be released, from the arrival until the departure,” informs the airport through a statement.
"Our privileged infrastructure allows us to receive huge loads, including non-scheduled flights, and our commercial network benefits cargo operations. Especially since we have daily commercial flights and weekly cargo operations from the main cargo hub, Miami Airport,” explains Patrick Fehring, director of RIOgaleao Cargo.