Mexico will drive Latin America’s overall gas demand in 2017, while gas consumption will fall in countries such as Brazil.
Economic troubles overshadowed the prospects for gas demand in Latin America in 2016, but Mexico’s rising consumption of the fuel means the trend could change in 2017. Gas demand from the key consuming countries in Latin America and the Caribbean – Mexico, Argentina, Brazil, Venezuela, Trinidad & Tobago, Colombia, Peru, Chile and Bolivia – fell by 1.3% year on year in 2016, to 246.6 billion cubic metres. GGA expects the region’s gas demand to increase by 2.2% on an annual basis in 2017.
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