Natural Gas Market Outlook
Given their close proximity to the United States, LAC countries are well-positioned to capitalize on the surplus of US gas exports and current buyer’s market.
Given their close proximity to the United States, LAC countries are well-positioned to capitalize on the surplus of US gas exports and current buyer’s market.
President-elect Donald Trump has vowed to overhaul US energy and foreign policy in ways that could have important impacts on energy relations with Latin America and the Caribbean.
Latin America faces some of the toughest obstacles to halting energy emissions, but many countries in the region also have among the best opportunities to reach climate goals.
The surge in US natural gas production as a result of the shale boom has implications for gas and LNG markets all over the world.
High electricity costs are a critical impediment to economic growth and competitiveness in Central America and the Caribbean.
Unless resource nationalism can be made compatible with providing incentives for significant foreign participation, it may be too early to start trumpeting a bonanza for Latin America.
Natural gas has the potential to reduce Central America’s high energy costs and mitigate its dependence on imported oil.
The results of Mexico’s energy reforms may fall well short of government promises and public expectations.
Cuts to Washington’s energy engagement could undermine the connections that help support U.S.–Latin American cooperation on issues from security to immigration. When it comes to weakening energy integration in the Americas, there are few winners.
2019 marks the first year since new leaders in Brazil, Colombia and Mexico took office. We can now see more clearly the way their policy decisions have affected the energy sector and opportunities for investment. Meanwhile, Argentina holds presidential elections later this month. Venezuela, in turn, faces a worsening economic crisis as oil production plummets. Industry experts, government officials, and corporate representatives convened to discuss these issues and their regional impacts on October 2 at the Inter-American Dialogue.
In the wake of the pivotal 2023 Argentine election, the Inter-American Dialogue convened a group of experts on November 21 to weigh in on energy policy under a Milei administration.
This event, hosted in collaboration with the Institute of the Americas, aimed to examine the issues facing Mexico’s climate for energy investment across various sectors including power, renewables, oil and natural gas.
Lisa Viscidi, director of the Energy Program, spoke about the production of natural gas in Argentina and the fuel’s role in the country’s energy transition on a panel organized by the Organization of American States’ Energy and Climate Partnership of the Americas on December 13.
2019 has been a tumultuous year for South America. In recent months, mass protests have swept across several countries, including major oil and gas producers Bolivia, Ecuador, Peru, and Colombia. Continued political and social turbulence will likely contribute to stagnant oil and gas production growth in these countries. Conversely, Brazil and Guyana are on track to become the region’s largest sources of supply growth.
Lisa Viscidi, director of the Energy, Climate Change & Extractive Industries Program, spoke with Natural Gas Intelligence’s Adam Williams about recent regulatory changes to Mexico’s energy sector and how they are impacting the country’s natural gas market. They discuss obstacles that could affect the country’s energy sovereignty, investment opportunities, natural gas imports from the United States, and concerns surrounding political risk in the sector.