Brazil to Receive Reloaded LNG Spot Cargo From Spain at Pecem

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

The Wilgas, with a capacity of about 127,000 cubic meters, is en route to Pecem, according to transmissions captured by IHS Fairplay on Bloomberg. It was scheduled to dock Aug. 26, the data show. State-owned Petroleo Brasileiro, known as Petrobras, has a floating regasification terminal at the port in northeastern Brazil.

The vessel sailed from SAGGAS Planta de Regasificacion de Sagunto SA’s Sagunto terminal in eastern Spain, where it loaded the supercooled natural gas from storage and departed on Aug. 16, the data show. Spain doesn’t produce LNG.

Brazil doesn’t have long-term LNG supply contracts, according to data compiled by Bloomberg. Rio de Janeiro-based 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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