Commodity Corner

Views on commodities and energy

South American LNG Terminals

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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

Women drivers better than men in the mining monster trucks

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One of the unexpected findings from executives and analysts attending the monstertruck02.jpgCESCO and CRU copper conferences in Santiago, Chile: Women are better drivers than men in those house-sized trucks roaming surface mines around the world. They’re said to be more cautious and that reduces wear and tear on the 13 feet-high tires they rumble around on.

Watch this video uploaded to YouTube to see the monster-of-monster trucks in action.