Brazil’s demand for LNG imports is under severe pressure as the country is producing enough gas to meet its own needs.
Brazil received only a partial cargo of LNG at its Rio de Janeiro terminal in September 2016 compared with six shipments at its three terminals in September 2015. The country imported 1.43 mt of LNG over the first nine months of 2016 – much lower than the 3.76 mt it received during the same period in 2015. GGA expects Brazil’s LNG imports to decline by 50% on an annual basis in 2016, to 2.4 mt.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Sign inNot 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