Related Articles
Forward article link
Share PDF with colleagues

Latin American supply and demand trends diverge

The region’s appetite for LNG has been hit by the Covid-19 pandemic, but exports have proved more robust

The regional supply and demand stories have been quite different so far in Latin America in 2020. Demand has been shellacked, but LNG producers have had a better time. As in most of the rest of the world, broad quarantine measures put a dampener on gas requirements for power production, while manufacturing activity, especially through Q2, fell into deep contraction.  Even now, as an economic recovery takes hold in varying degrees across the region, LNG demand remains materially weak, especially against 2019. The region’s LNG imports finished August at just 1.16mn t, marking a decline of 0.73mn t against year-earlier levels and slightly further below the five-year seasonal average of 1.94m



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Schlumberger pivots portfolio towards net zero
25 June 2021
Firm sets aggressive new 2050 decarbonisation promise with rare scope three emissions detail
Australia to subsidise remaining refineries
24 June 2021
Concerned about supply security, Australia plans to fund its last two refineries standing for at least the next six years.
Letter from Australia: Upstream industry commits to net zero
24 June 2021
Climate and carbon dominated the recent Appea conference
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video