Latin America’s structural shift away from LNG

Latin America’s LNG market is undergoing structural changes that are expected to substantially reduce the region’s reliance on LNG imports in the coming years. While this raises questions about the commercial viability of existing and proposed import terminals in Latin America, it also has ramifications for those countries in the Americas that export LNG – Trinidad & Tobago, Peru and the United States.

Brazil, Argentina, Mexico, Chile, the Dominican Republic and Puerto Rico are the key LNG importers in the Americas, and several other countries are...