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Americas - Consumption

Natural gas analysis & forecasts February 2019

The weather will remain a headwind to gas demand in Latin America between March and May.

Higher rainfall on an annual basis has hindered gas consumption in Brazil and Argentina so far during the South American summer (December-February) – a trend reflected in the countries’ LNG demand (see Americas Trade, page 22).

There are no signs in the near term of a reversal in this trend, which will slow growth in gas demand of Latin America and the Caribbean in 2019. GGA forecasts total gas demand from...