Brazil’s Petrobras Receives LNG Spot Cargo From Qatar at Pecem

Petroleo Brasileiro SA (PETR4), Brazil’s importer of liquefied natural gas, has received a spot cargo from Qatar, the world’s largest producer of the fuel, according to ship-tracking data.

The Excalibur, with a capacity of 138,000 cubic meters, arrived April 23 at the port of Pecem in northeastern Brazil, according to ship transmissions captured by IHS Fairplay on Bloomberg. The tanker sailed from Qatar’s Ras Laffan port where it loaded the supercooled natural gas and departed March 16.

Rio de Janeiro-based Petroleo Brasileiro, also known as Petrobras, has a floating regasification terminal at Pecem. The vessel was originally scheduled to dock at Petrobras’ LNG receiving facility at Guanabara Bay April 16, according to ship- tracking data.

Qatar’s LNG producers, Qatargas and Rasgas, use the gas loading facilities at Ras Laffan port.

Christopher Evans, Qatargas’ Doha-based spokesman, and a Petrobras official in Houston didn’t reply to e-mails seeking comment. A Rasgas official in Doha didn’t respond to a call to his office phone seeking comment.

Brazil doesn’t have long-term LNG supply contracts with Qatar, according to data compiled by Bloomberg.

The Wilgas, with a capacity of 126,975 cubic meters, last delivered a cargo from Portugal to Pecem on April 18, according to ship transmissions.

138000, dep Mar 16

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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