Special Report - Natural Gas in Latin America (ISSN 17414474)

GAS - The swing from need to glut

Introduction 12 July 2010 Modified: 22 February 2010 1771 views

While other commodity prices have recovered from their 2008 collapse, Liquefied Natural Gas (LNG) has not. The current price of LNG is only just over a third of the peak it hit in July 2008 of US$13.69 per million British thermal units (but). The weakness of the gas market has tilted the balance of power in the region's energy markets towards buyers and big users of gas (such as Chile and Brazil) and away from sellers (such as Bolivia and Venezuela).

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