Americas Trade

January 2018

Latin America’s LNG imports are expected to fall in 2018 as prospects for the fuel fade in Brazil, Argentina and Mexico.

Rising pre-salt gas production will remain a major headwind for the prospects of LNG in Brazil, and Argentina is expected to boost output from the Neuquén Basin, which contains the Vaca Muerta shale play. Argentina intends to halve its total gas imports by 2021 and to stop importing LNG altogether by 2022. Problems with US pipeline supplies are likely to provide some support for Mexico’s...

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