Americas Consumption

January 2018

Weather-related and economic factors will favour Brazil’s gas demand in Q1 2018.

Preliminary forecasts suggest drought will persist in northeastern and southern parts of Brazil in Q1 2018. This is in contrast to the situation in Q1 2017, when the two regions saw average rainfall. However, average temperatures in the country are expected during Q1 2018. Brazil’s GDP is expected to grow in 2018, which will boost gas demand from the industrial sector in particular. Meanwhile, the IMF forecasts Brazilian GDP will expand by 1.5% on...

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