Accounting for 20 per cent of the world’s known oil reserves, Latin America is emerging as one of the world’s rapidly growing energy markets and is poised to become a significant player on the world energy stage.
However, Latin America faces momentous environmental, economic, and social challenges in leveraging its vast hydrocarbon resources. As a new report by Deloitee notes, on-going business reform will probably be necessary for continued growth in the region.
The report identifies six specific areas where oil and gas companies, as well as individual countries within Latin America, will need to focus in order to maintain momentum and leverage their expanding market presence.
The report is available to download from the Deloitte website.