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Brazil looks to solve its energy security travails
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
Argentina makes progress on LNG dream
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
Brazil rides a production wave
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
Argentina poised to surpass record oil production
Imminent midstream additions in the Vaca Muerta set the stage for sharp jump in upstream growth
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
Latin America’s evolving crude outlook
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
The changing face of Argentina’s upstream
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
Latin America feels the heat
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
Argentina opens up to international investors
The controversial trimmed down version of the ‘omnibus bill’ promises to attract more foreign investment to sectors including oil and gas, but critics raise concern it still goes too far
Brazil awaits contentious Equatorial Margin call
Political rancour is rising as politicians appeal for environmental licence to explore the mouth of the Amazon
Brazil Argentina Petrobras Vaca Muerta
Justin Jacobs
7 December 2017
Follow @PetroleumEcon
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Latin America's LNG slowdown

A few years ago, gas exporters thought the Southern Cone would become a huge new market. Not likely

It wasn't long ago that Brazil and Argentina were about to become an important cornerstone for global liquefied natural gas demand. In Brazil, a buzzing economy was driving power demand higher at the same time a historic drought had severely crimped hydropower output. Petrobras turned to international LNG markets to keep the lights on. Argentina's economy was also growing, while declining domestic gas output left the country increasingly short on supply. From virtually nothing in 2010, combined LNG imports into the countries topped 10m tonnes a year in 2014 and 2015, and exporters were courting the Southern Cone consumers to sign long-term deals. But that growth now looks fleeting. Imports i

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