Latin America awaits quantum leap in LNG demand

Jamaica has taken the lead in installing breakbulk LNG reloading infrastructure in Latin America and the Caribbean. (JPS Co.)

Small-scale LNG buyers in Latin America and the Caribbean provide a glimmer of hope for suppliers amid falling demand for the fuel in the region. Although small consumers will not reverse the decline in Latin America’s LNG consumption in the short-to-medium term, they represent the future of trade in the region. Targeting small pockets of demand will challenge the traditional LNG trade model. Nonetheless, the small-scale market could prove vital to suppliers such as the United States and Trinidad & Tobago amid rising competition from...