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Markets & Forecasts

Latin America’s LNG buyers contemplate exports

The prospects of Latin America becoming a major LNG supplier remain bleak despite proposed export projects in Argentina, Chile and Mexico The prospects of Latin America becoming a major LNG supplier remain bleak despite proposed export projects in Argentina, Chile and Mexico.
By Abhishek Kumar 24 January 2019 Americas / Supply & Demand 0 33867
The US, Trinidad and Peru are the only LNG exporters in the Americas. (Shell)

Latin America’s LNG landscape is changing fast, not least because several of the region’s key buyers are moving ahead with plans to export the fuel. The change of tack will become evident in 2019 when Argentina receives the region’s first FLNG vessel. Meanwhile, Mexico and Chile have their own plans for LNG exports, and Brazil could follow suit too. Nevertheless, fundamentals and price considerations, together with competition from regional suppliers such as the United States and Trinidad & Tobago, mean Latin America is unlikely to...