Latin American LNG imports are continuing to decline as demand for the fuel drops in Brazil, Mexico and Argentina.
Falling gas demand in Brazil, rising US pipeline gas imports in Mexico and growing gas production in Argentina are all bad news for Latin American LNG imports. Combined LNG imports by the three countries amounted to 0.93 mt in April, much lower than the 1.24 mt seen in April 2015. LNG imports by Latin America as a whole fell by 20% on an annual basis in April 2016, to 1.29 mt. GGA expects the region’s LNG imports to drop by 17% year on year in 2016, to 16 mt.
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up