Brazil Receives LNG Cargo From Spain at Guanabara Bay Terminal

Petroleo Brasileiro SA, Brazil’s sole importer of liquefied natural gas, has received a cargo from Spain, according to ship-tracking data.

The British Emerald, with a capacity of about 155,000 cubic meters, arrived May 28 at Rio de Janeiro, according to ship transmissions captured by IHS Fairplay on Bloomberg. The tanker loaded at the Sagunto LNG terminal in eastern Spain, according to data on the website of network operator Enagas SA.

Petrobras, as the Brazilian oil company is known, has a floating regasification terminal at Guanabara Bay near Rio de Janeiro. Brazil doesn’t have any long-term LNG supply contracts with Spain, according to data compiled by Bloomberg.

Latin America’s LNG import capacity will increase to 49.2 million metric tons a year in 2020 from a projected 30 million this year, Anton Safronov, Total SA’s LNG origination director, said May 9 in Singapore.

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