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This briefing by Global Energy Monitor analyzes the expansion of liquefied natural gas (LNG) infrastructure in Latin America and the Caribbean (LAC), focusing on the significant export ambitions of Mexico and Argentina and the import expansion in Brazil. The report warns that these investments, totaling an estimated US$123.6 billion, risk becoming stranded assets and could derail the region's energy transition despite the availability of abundant renewable energy resources.

This case study compares the energy matrices of Colombia and Argentina, analyzing their reliance on fossil fuels versus low-carbon sources and their respective commitments to energy transition and emission reductions.