The above map shows South America’s LNG import terminals ahead of the coming Southern Hemisphere winter, including Chile’s Quintero terminal, which is expected online in June. (Click on individual terminals for details)
South America’s nascent import capacity will add a new dynamic to the Atlantic Basin market, drawing LNG counter-seasonally when demand in the Northern Hemisphere wanes during summer.
LNG imports to South America are not expected to be huge in 2009 due to falling industrial demand, but they could tighten the LNG market in the longer term. - Ed McAllister
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