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South America Enters the LNG World

Energy Trends, 20 August 2010

South America is about to change from a region of natural gas self-sufficiency to a source of demand for liquified natural gas (LNG) imports. A peak in production in long-time producer Argentina has caused natural gas shortages in the Southern Cone while political issues are affecting exploration and development in Bolivia and Venezuela, the two nations with the largest gas reserves.

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