LNG

Latin demand for US LNG dries up

Mexico was the only Latin American customer for US LNG in January, with summertime demand vanishing in Brazil, Argentina and Chile Mexico was the only Latin American customer for US LNG in January, with summertime demand vanishing in Brazil, Argentina and Chile.
By Chris Noon 20 March 2017 0 25115

The share of United States LNG exports heading to Latin America and the Caribbean fell from 47% in 2016 as a whole to 27% in January 2017, according to US Department of Energy data. Brazil, Argentina and Chile – which bought 20 US cargoes between them in 2016 – did not import any US LNG in January. 

“The US is well-positioned [to supply Brazil and Argentina], except our demand is not firm demand,” Sylvie D’Apote, founder and managing partner of Prysma E&T...