Political developments, unrest and discord across nations of the Southern Cone and major natural gas producers Bolivia and Argentina, as well as critical consumer Chile has important implications for the near term function and outlook for the region’s gas market.
Questions surround the developments and advances in natural gas production from Argentina’s unconventional play, Vaca Muerta, as the country undergoes a political transition and significant shift from the government of Mauricio Macri to Alberto Fernandez, who takes office in mid-December.
Meanwhile, Bolivia, for years a major exporter of natural gas to both Argentina and Brazil, has been consumed by an unfolding political crisis since elections in October and the resignation of Evo Morales in mid-November.
Chile, historically a major importer of natural gas from Argentina – exchanges that were begun again this year with great fanfare – has been gripped with social unrest that has also thrown its economy into a tailspin.
Brazil, a key consumer and market for natural gas from Bolivia seeks to pass a new natural gas market law with the aim of further liberalizing the sector and removing Petrobras’ grip particularly over midstream and commercialization. Key to underpinning the overhauled natural gas market in Brazil is the growing potential of the country’s Pre Salt fields.
As the transformation of the global energy sector unfolds, companies throughout Latin America are grappling with the question of how they will evolve operationally, financially, and strategically as the world shifts its energy focus.
YPF has embraced the challenge of the energy transition and created a strategy of “Energy Transition’ Readiness” based upon the G20-B20 Energy, Resource Efficiency and Sustainability Recommendations, the UN Sustainable Development Goals and the Paris Agreement. Specifically, the company is developing actions to reduce the total intensity of carbon emissions associated with operations, including technological developments focused on methane emissions, gas storage, specifically enhancing energy efficiency across the value chain and sustainability of the company overall.
Join us for a webinar and discussion with Dr. Elena Morettini, Geoscience Advisor & B20 Energy Officer at YPF. Dr. Morettini will share further insights from YPF’s experience and vision on energy transitions preparing for new ways of producing, distributing and using energy, as well as other technological developments at the company.
The webinar will be held Wednesday, November 6 at 10:00am San Diego (3:00 pm Buenos Aires time; GMT/UTC – 8 hours). Dr. Morettini’s formal presentation will be followed by a live Q&A session with the audience
Welcome to the November edition of Energy Panorama. This month we continued our discussion of lithium and critical minerals with a panel at the Institute of the Americas in La Jolla and presentation by Emily Hersh. See presentation and video below.
Mexico’s evolving energy sector and outlook for renewables were the focus of our podcast series and an essay in World Politics Review. We also weighed in on changes in Ecuador’s ministry of energy and outlook for the nation’s oil sector as part of the Inter-American Dialogue’s Energy Advisor.
We are pleased to share the short highlight video and photo gallery from our Roundtable in Bogota and discussion of the future of Colombia’s oil and gas sector; later this month we’ll publish reports based upon the discussions.
Our webinar series focused on Argentina and discussion with YPF on their energy transition strategies and investment with Elena Morettini, Geoscience Advisor & B20 Energy Officer at YPF.
On December 5, our webinar series will discuss the political developments in the Southern Cone and implications for the near-term function and outlook for the region’s gas market.
Next week is our annual collaboration in Washington, DC with the Inter-American Dialogue and discussion of the energy sector in the Western Hemisphere. This year’s event set for December 11 will assess Mexico’s energy sector as President Andrés Manuel López Obrador marks one year in office.