The unprecedented shale revolution in the USA and the speed of new investment into LNG export facilities has changed the face of global energy markets.
Its advantages as a substitute for coal and liquid fuel, both in industrial use and generating power is predicted to lead to a major increase in its use across the world.
With the LNG market likely to be over supplied in these coming years, engaging with emerging and growing markets like those represented in Latin America and the Caribbean should be fundamental to a successful commercial strategy for any business.
While the region represents a significant untapped potential for energy production and demand Latin America and the Caribbean have a complex relationship with natural gas. The potential resources must be harnessed in order for the region to further capitalise on its strong economic growth profile.