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Markets & Forecasts

Latin America’s LNG demand poised for an uplift

A changing political landscape and the increasing popularity of small-scale technology will drive LNG demand growth in Latin America and the Caribbean over the coming years A changing political landscape and the increasing popularity of small-scale technology will drive LNG demand growth in Latin America and the Caribbean over the coming years.
By Abhishek Kumar 20 December 2019 Americas / Supply & Demand 0 34900
The changing political climate should rejuvenate LNG consumption in the region. (APLNG)

Demand for LNG in Latin America and the Caribbean (LAC) is set to receive an unlikely boost during the 2020s. This will be in stark contrast to the situation during the latter half of the 2010s, when the region’s key LNG buyers have gradually reduced their dependence on the imported fuel. The new trend will be brought about by ample supplies coming from the likes of the United States, together with the emergence of new buyers in the region looking to diversify their power mixes...