• Global Gas Analytics
  • Analysis & Forecasts

Americas Consumption

January 2019

The weather and the economy will remain hurdles to Latin American gas demand growth in Q1 2019.

Key gas-consuming countries in South America have seen a mild start to the summer, and the weather is expected to remain unsupportive of demand in Q1 2019. Brazil’s LNG consumption was particularly hit by the unfavourable weather in December, which resulted in the country not importing any cargoes over the month. Brazil’s northeast typically faces drought during summer, which curtails hydropower generation and boosts gas-to-power demand. However, rainfall in...