Commodity Market Report
Southern Cone gas and power short-term outlook February 2020
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Report summary
Robust industrial activity and low power imports from Uruguay contributed to increase Argentinian gas demand in January 2020. Also, due to higher Argentinian gas availability, flows from Argentina to Chile almost doubled in the period, compared to the same month in 2019, increasing total gas demand in Argentina. Read this report to understand: • Will Argentina keep such demand increase in February and March? • How high rainfall levels in February will affect power prices in Brazil in the next six months? • As 2020 started with low reservoir levels, how much will it affect gas-to-power demand in the upcoming months? • How Bolivian gas flows to Brazil will evolve considering such Brazilian hydrology?
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