Latin America gas tops investor list

International gas investors see Latin America as the most attractive region in the worldwide gas market, according to Datamonitor plc, London. A survey by the analyst of leading international gas players revealed that Latin America will require $100 billion in energy project financing up to 2005, of which $50 billion is expected to be spent on pipelines. Datamonitor said that foreign companies are the leading source of investment in Latin America, and that Brazil and Argentina are the most attractive countries for investment and are expected to remain so. The allure of Latin America was attributed to the region's rapidly growing electricity demand and the increasing liberalizat...

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