Liquefied natural gas (LNG) imports across Latin America and the Caribbean rose 15% in July to their highest level in a year, with seasonal demand in Argentina and Honduras’ first-ever LNG imports driving the increase, according to S&P Global Energy data released August 14.
The region imported 80.38 billion cubic feet (bcf) of LNG during the month, up from 69.94 bcf in June. July imports were also nearly 29% higher than the 62.47 bcf recorded in July 2024.
Argentina remained the region’s largest LNG importer at 16.06 bcf, although volume fell 8% from June. The country typically imports LNG during the Southern Hemisphere winter when domestic natural gas production cannot fully meet heating demand.
“The July volumes were more than 4% lower than the 17.36 bcf imported in July 2025 and nearly 11% lower than the 18.58 bcf imported in July 2024,” the S&P report stated.
Chile ranked second with 13.19 bcf, almost doubling its June imports. Four cargoes were delivered to the country, including three at the Quintero terminal and one at Mejillones.
Colombia followed with 12.53 bcf, a 10% increase from June and its highest monthly volume since October 2024. Five cargoes were delivered to the country’s sole LNG import facility, the SPEC terminal.
The Dominican Republic imported 9.59 bcf, while Brazil received 8.50 bcf. Puerto Rico imported another 7.98 bcf.
Brazil gas supply rises 12% in 2025 on higher output, weaker hydropower – IEA | OilNOW
Honduras recorded its first LNG imports in July, receiving 160 million cubic feet (mcf) to commission its first LNG terminal at Puerto Cortés. The terminal is operated by Genesis Energía.
Eleven countries in the region imported LNG during July, compared with eight in June.
The United States supplied 52.7 bcf, making it the largest source of LNG for the region. Trinidad and Tobago supplied another 20.82 bcf, while Indonesia provided 3.03 bcf and Mexico 2.71 bcf. Jamaica accounted for 1.10 bcf through re-exports.
Trinidad LNG output rises in 2025 despite feedgas availability challenges | OilNOW
S&P Global assessed Brazil-bound LNG delivered 15 to 45 days forward at US$20.348 per million British thermal units (MMBtu) on August 14.
