Yamal LNG ships its first cargo to Brazil’s Bahia terminal

Novatek’s Yamal LNG plant has shipped its first cargo to the Brazilian market, the company said on Monday.

The cargo was delivered to the Bahia terminal owned by Petrobras.

“Our LNG marketing strategy aims to diversify our supply geography and customer base,” Novatek Chief Executive Leonid Mikhelson said.

“This shipment represents our first LNG cargo produced by our own production to the Latin American market, and confirms the viability of our logistical model and [the] unique geographical location of the Yamal LNG...