Insight
How much LNG could be marketed in the Caribbean and Central America?
Report summary
In the likely oversupplied LNG market of the coming years, identifying promising emerging markets becomes fundamental for a successful commercial strategy. In this insight we discuss the potential offered by the Caribbean and Central America, a region comprised of Puerto Rico, Dominican Republic, Jamaica, Colombia, Panama, El Salvador and Curaçao. We provide an overview of power markets, discussing generation infrastructure and the competitive landscape. We then take a deeper dive into the LNG market by discussing existing and proposed regas terminals, existing commercial relationships and specific potential opportunities. Our main findings are: In ten years LNG demand will grow six-fold Growth is driven by the potential of LNG-to-power There are plenty of opportunities for marketing as less than 20% of projected LNG demand is contracted LNG facilities expected online in the next seven years will add 2.4 bcf of regas capacity and will require US$ 2.7 billion in investment
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- How much LNG could be marketed in the Caribbean and Central America?
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