LNG over-commitment haunts Argentina

By Abhishek Kumar 25 August 2016
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Market impact:
Bearish on Latin American spot LNG prices

Argentina has overestimated its need for LNG and is looking to cancel, divert or postpone some of its commitments. Growing domestic gas production, combined with the government’s plan to rein in energy subsidies, will further dampen the country’s reliance on LNG imports in the coming years.

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