LNG tracker

Brazil is set to be the center of new liquefied natural gas (LNG) demand activity in Latin America at least over the next decade, according to experts who spoke at a webinar Tuesday organized by the Institute of the Americas.

“Gas remains the transition fuel in Brazil because it allows for the highest possible penetration of wind and solar,” said Roberto Ferreira da Cunha, the director of consultancy BRG Energy & Climate for South America. He added that Brazil has 10 new LNG import plants in different phases of study.

“From the 2030s onwards it could take a different direction, but this decade gas still has a solid role in the region.”

According to BRG research, natural gas-fired power generation in Brazil could grow by 20 GW by 2040, rising from 9% to 15% in the...