$LNG Update ----------------- • The first cargo
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• The first cargo of U.S. liquefied natural gas exports from the lower 48 states is departing today Cheniere Energy's (LNG +8.1%) Sabine Pass terminal in Louisiana, a company executive says.
• The fuel will be carried to Brazil on the Asia Vision LNG tanker and is expected to be received by Petrobras, according to a recent report from Bloomberg.
• Meg Gentle, LNG’s president of marketing, made the announcement at the IHS Energy CERAWeek conference and called the shipment as among the first steps toward creating a liquid and transparent market for LNG across the globe.