From upstream to downstream: Megatrends and latest developments in Latin America`s hydrocarbons sector
Author(s) -
Kang Wu,
S. Pezeshki,
Joseph A. McMahon
Publication year - 1995
Publication title -
osti oai (u.s. department of energy office of scientific and technical information)
Language(s) - English
Resource type - Reports
DOI - 10.2172/95328
Subject(s) - latin americans , downstream (manufacturing) , upstream (networking) , pipeline transport , energy sector , regional science , economy , natural resource economics , geography , business , political science , environmental science , engineering , economics , environmental engineering , telecommunications , marketing , law
In recent years, Latin America`s hydrocarbons sector has been characterized by reorganization, revitalization, regional cooperation, environmental awakening, and steady expansion. The pattern of these changes, which appear to be the megatrends of the region`s hydrocarbons sector development, will continue during the rest of the 1990s. To further study the current situation and future prospects of Latin America`s hydrocarbons sector, we critically summarize in this short article the key issues in the region`s oil and gas development. These megatrends in Latin America`s hydrocarbons sector development will impact not only the future energy demand and supply in the region, but also global oil flows in the North American market and across the Pacific Ocean. Each country is individually discussed; pipelines to be constructed are discussed also
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