Related Articles
In depth
Forward article link
Share PDF with colleagues

Latin American LNG demand dries up

The return of hydropower, economic pain and cheaper alternatives are dampening regional LNG consumption

LATIN America has emerged as an important liquefied natural gas market in recent years. But the region’s demand for the supercooled fuel will reverse over the course of this year, with Brazil, Argentina and Mexico all likely to take less LNG. Slowing regional demand will put pressure on producers Trinidad & Tobago and Peru, which will also have to contend with the arrival of US LNG. Brazil has emerged as a major LNG buyer in recent years. Gas is a marginal fuel in Brazil, typically used to plug gaps in power demand when hydropower output falls. Severe drought has sapped output from the country’s hydropower base in recent years, leading to a surge in gas demand. LNG imports have been use

Also in this section
Gaza gas stranded at sea
16 January 2018
Palestinians' hopes that a gas discovery made offshore 18 years ago can be developed are unlikely to be realised soon
Kuwait goes for gas
16 January 2018
Despite the perennial shadow of political turbulence, upstream gas and LNG import projects are progressing
Energy Web Atlas Releases New Features for Real-Time LNG Intelligence Service
16 January 2018
Energy Web Atlas leads the market with expanded LNG and pipeline data and improved import and annotation functions