The US, which has long been a net importer of natural gas, is poised to become an important LNG supplier, with the Gulf of Mexico as a global LNG hub. US natural gas production has increased by over 40 percent since 2005 due to rising output from shale plays. Domestic production has already started to displace imports from Canada and Trinidad & Tobago, and several liquefaction facilities have received LNG export permits from the Department of Energy. Increasing supply and technological advances in the US could also eventually lead to lower LNG prices.

Will the rise in US natural gas exports benefit Latin America? How will lower crude prices and the increase in US supply impact LNG markets? Will global LNG trade expand and transition toward a more global market? What are the obstacles to increasing LNG exports to South America, Central America and the Caribbean? What would be the benefits of greater regional integration of gas markets?

This workshop is part of a series on the impact of the North American energy boom on Latin America, in cooperation with the Inter-American Development Bank.

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