Oil and gas production prospects in Central & South America: IOGP and Arpel report 2nd ed.

Growing indigenous demand means that Central and South America are on the brink of becoming net importers of oil and gas unless the region attracts more investment.

Fortunately, given the geological potential and increasingly equitable tax and fiscal regimes in most countries, the future looks promising.

That is the main message in a new IOGP Global Energy Brief (GEB) – the first in a series looking at the world’s seven main production areas, produced in conjunction with Arpel, the regional association and based on data from BP.

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