Novatek ships first Yamal LNG to Brazil

Novatek has transported its first cargo fro its Yamal LNG project to Brazil.

The Russian producer said its Novatek Gas and Power Asia unit sent a cargo to the Bahia Regasification Terminal owned by Petrobras.

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

"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 unique geographical location of the Yamal LNG project to deliver competitively priced LNG to any part of the world.”