Weather-related gas demand in Latin America is expected to disappoint in 2017, limiting the region’s overall gas consumption.
Countries such as Brazil and Argentina are currently in the shoulder months following a mild summer. Preliminary forecasts suggest the forthcoming winter will also be mild, which will dampen the region’s gas demand as well as its need to import LNG. There is an 80% chance of above-average temperatures in Brazil during the winter (June-August), whereas Argentina has a 35% chance of warmer temperatures over the period.
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 in
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