Latin American entrepreneurs are increasingly turning to natural gas to leverage it for supporting the construction of artificial intelligence (AI) data centers across the region. These changes are particularly driven by the growing need for computational capacity and data storage resulting from the expansion of AI and machine learning technologies.
Increase in Natural Gas Demand
Reports indicate that while global demand for natural gas is rising, Latin America is also emerging as a new market in this field. Estimates suggest that natural gas production capacity in the region is significantly growing, and it is expected that by 2025, natural gas demand will reach 150 billion cubic meters. This increase in demand is particularly evident in Brazil, Mexico, and Argentina.
The Role of Data Centers in New Demand
AI data centers are emerging as one of the main energy consumers. These centers require sustainable and affordable energy, which natural gas can provide. For example, in Brazil, the government is investing in infrastructure projects for natural gas to support these data centers. Additionally, in Argentina, several new projects are being planned to develop natural gas production capacity that could help meet the needs of data centers.
Ultimately, this trend not only helps increase natural gas production capacity but may also lead to reduced energy costs for these data centers. Given the growing importance of artificial intelligence and the need for big data, it can be expected that this trend will continue in the coming years, positioning Latin America as one of the main hubs for natural gas in the world.
Read more: Seyed Mohiuddin Jafari pointed to the digital transformation in the exploration management of the National Iranian Oil Company · Natural gas prices drop below $3 due to strong production forecasts
