Energy

The problem of an adequate supply of energy, in its different forms, is a preoccupation of the first order among almost all the nations of Latin America. Energy is not only of vital importance to those countries which must import fuels to satisfy consumption requirements, but apart from the exceptional case of Venezuela, it is no less important to fuel exporting countries. These continue to lose ground as such through the tendency of domestic consumption to absorb an ever-increasing proportion of the production; Colombia, Ecuador and Peru for example. Furthermore, there are cases, such as Mexico, where the exportable surplus is small and may disappear entirely within a few years, unless a substantial increment in production, which will not endanger reserves, is obtained.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions