Americas Consumption
April 2018
The weather and the economy will support Argentina’s gas demand during the southern hemisphere winter.
Argentina’s gas production is set to rise on an annual basis in 2018, which will help the country to meet seasonal increases in consumption during the winter (June-August). Nevertheless, Argentina will still need to import LNG, as well as pipeline gas from Bolivia and Chile, to meet demand during the season.
Preliminary forecasts suggest temperatures will be average in Argentina this winter, whereas they were 2C above average last winter. Consequently, Argentina’s...