Brazil to Get LNG Spot Cargo From Trinidad at Pecem Terminal

Petroleo Brasileiro SA, Brazil’s importer of liquefied natural gas, is set to receive a spot cargo from Trinidad & Tobago, shipping data show.

The Bilbao Knutsen, with a capacity of about 135,000 cubic meters, is on its way to Pecem, according to transmissions captured by IHS Fairplay on Bloomberg. Rio de Janeiro-based Petroleo Brasileiro, known as Petrobras, has a floating regasification terminal at the port in northeastern Brazil.

The vessel sailed from Atlantic LNG Co.’s Point Fortin terminal, where it loaded the supercooled natural gas and departed on July 3.

Brazil doesn’t have long-term LNG supply contracts with Trinidad & Tobago, according to data compiled by Bloomberg. Petrobras will import as many as 60 cargoes this year, up from 56 in 2012, the company said June 11.

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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