Centrica sends cargo to launch Brazil’s first private LNG terminal

LONDON, Feb 25 (Reuters) – Britain’s Centrica CNA.L chartered a vessel to supply liquefied natural gas (LNG) this month to power firm Centrais Elétricas de Sergipe S.A. (CELSE) ELET6.SA, launching Brazil’s first private LNG terminal.

Brazil has been implementing reforms to end the monopoly of Petroleo Brasileiro SA PETR4.SA, known as Petrobras, in supplying natural gas to the domestic market. The new terminal was developed before the reforms were announced last year.


By Ekaterina Kravtsova via Reuters


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