Brazil’s gas demand faces further headwinds in 2017 because of persistently mild weather and the country’s weak economy.
Brazil’s winter (June-August) has been mild so far this year, and weather forecasts suggest a 40% chance of above-average temperatures in the country between July and September. Preliminary forecasts suggest rainfall will be average in Brazil during December, which marks the start of summer in the southern hemisphere. This will further dampen the country’s gas-to-power demand in 2017.
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