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Petrobras Said to Buy Cheniere's First U.S. Shale Gas Export

  • Shipment to Brazilian energy company agreed to Monday
  • Brazilian LNG imports help meet demand as drought hits
Updated on

Petroleo Brasileiro SA, Brazil’s state-owned energy company, is scheduled to receive the first cargo of shale gas to be shipped from the U.S., according to a person familiar with the deal.

The shipment of liquefied natural gas was agreed to Monday, said the person, who asked not to be identified because the information isn’t public. Cheniere Energy Inc.began loading the first tanker at its Sabine Pass terminal in Louisiana, U.S. Coast Guard spokesman Dustin Williams said in an e-mail Tuesday.