• Global Gas Analytics
  • Analysis & Forecasts

Americas Consumption

October 2018

Mild weather and weakening economies will be headwinds to gas demand growth in Latin America over the coming months.

Drought in northeastern Brazil usually lowers hydropower output and supports gas demand during the southern hemisphere summer, which lasts from December to February. However, the drought in the region is forecast to be less severe this summer than it was last summer. Rainfall in Brazil’s northeast will be 0.6 millimetres per day below average between December 2018 and February 2019, while temperatures are expected to be average....