SAO PAULO (ICIS)–Earlier this week, the head of Brazil’s chemical producers’ trade group Abiquim accompanied President Luiz Inacio Lula da Silva during his official visit to Bolivia and returned with deals which could potentially increase and liberalize natural gas supplies to Brazil.
The chemicals industry in Brazil consumes around a third of all-natural gas available, according to Abiquim. Prices in the largest Latin American economy, however, are considerably higher than in the US, the other large economy in the Americas.
Therefore, natural gas supplies – how to increase them and how to make them more affordable – has been on Abiquim lobbying agenda for some time now.
Published by: www.icis.com
Jonathan Lopez
11-Jul-2024
