LNG

Brazilian LNG demand continues to slide

Healthy hydroelectric production has reduced gas-to-power demand in Brazil Healthy hydroelectric production has reduced gas-to-power demand in Brazil.
By Chris Noon 30 July 2018 0 31930
Brazilian LNG imports

Brazil’s LNG demand fell by nearly 17% in H1 2018 compared with the same period last year, according to customs data published by the country’s Ministry of Industry, Foreign Trade and Services. This follows a 73% drop for the same period a year earlier. 

This is primarily because of increased hydroelectricity production, which has reduced gas-to-power demand. Average hydroelectric generation has increased from 45.8 GW in H1 2017 to 50.8 GW in H1 2018,