Gas & Power in Latin America: South America's Southern Cone gas, power sectors taking first steps toward energy integration

Since the privatization of Argentina's energy sector beginning in 1992, South America's Southern Cone has under- gone dramatic changes in natural gas and power markets.Most notable are the first steps toward an integration of the gas and power markets in the region.The impact of privatization on Argentina's natural gas market, already the most mature in the region, was to spur a major increase in domestic demand while also transforming the sector into a true export hub for natural gas, LPG, and electricity.The increase in domestic gas consumption results mainly from the increase in gas-fired power capacity with the installation of a number of new combined-cycle cogeneration po...

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