Brazil’s Gas Imports Fall to Lowest Level In 20 Years Thanks to Hydro Push

Brazil’s Gas Imports Fall to Lowest Level In 20 Years Thanks to Hydro Push

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Brazil’s natural gas imports fell to a 20-year low last year, according to data from the National Agency for Petroleum, Natural Gas and Biofuels (ANP). Brazil’s nat gas imports fell to 6.5 billion cubic meters, or 228 billion cubic feet, according to ANP, as the country boosts its hydroelectric capabilities as well as solar and wind capacity. The figures are on par with the amount of natural gas Brazil imported back in 2003, and compares to the 9 cubic meters imported in 2022, and 16.9 cubic meters imported in 2021, the data compiled…

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