King of Latin American LNG?

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By most measures, 2020 was a banner year for the Brazilian natural gas industry. Record production levels were reported despite the pandemic. Compared to 2019, production grew by almost 10%, reaching 127.49 million m3/d. Quarantine measures and an uncertain business environment temporarily curbed demand, but recovery was swift. By November 2020, consumption had reached 90% of 2019 average levels (70.28 million m3/d). Industrial and power sector consumption was particularly strong.

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