LNG

Weather favours Argentine and Brazilian gas demand

Cold weather will support gas demand in Argentina and Brazil during the winter, meaning both countries will import more LNG and pipeline gas Cold weather will support gas demand in Argentina and Brazil during the winter, meaning both countries will import more LNG and pipeline gas.
By Abhishek Kumar 17 July 2018 0 31781
An FSRU at Argentina's Escobar LNG terminal. The Excelerate FSRU at Argentina's Escobar LNG terminal. (Argentine energy ministry)

Directional impact on forecast:
Upbeat on gas demand in Brazil and Argentina

Low temperatures in northern Argentina and southern Brazil will test gas supply security in both countries during the southern hemisphere winter (June-August). And while Argentine and Brazilian gas production is rising, pipeline gas and LNG imports will play an important role in meeting demand.

Southern Brazil has a subtropical climate, meaning cold winters have a material impact on gas demand. Forecasts suggest temperatures in the southern half of the country will be 2.5C...