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'Peak Oil in Latin America: Present and Future Perspectives for the Oil & Gas Markets'

Posted on: Wednesday, 28 January 2009, 05:00 CST

Frost & Sullivan to Host Quarterly Analyst Briefing on Energy and Power Systems on Tuesday, February 03, 2009.

BUENOS AIRES, Argentina, Jan. 28 /PRNewswire/ -- Frost & Sullivan will host a live briefing on Tuesday, February 03, at 3:00 PM EST to provide industry participants an overview of key market trends in the Latin American Oil and Gas Markets.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

Since 2003 we observed high oil prices (above USD$ 100 during 2008), that provide us with an excellent "laboratory" to understand the implications of the Peak Oil in Latin America. This situation obliged Latin American countries to increase investments in exploration and production activities, and also to increase investments in renewable energy and diversify their energy matrixes. Furthermore this scenario pushed towards petro-nationalism in countries such as Venezuela and Bolivia.

This analysis focuses on upstream and downstream activities, and how they could be impacted by energy policies in the different Latin American countries, driven by fears of the availability of fossil fuels, in a high price scenario. Highlights of the briefing include an overview on Peak Oil prices, different factors affecting prices, drivers & restraints of these market forecasts and trends.

This presentation is based upon ongoing industrial analysis and it will not only benefit oil producers but also the wide range of participants of oil and gas related industries.

"We will observe in the upcoming years an important amount of investments in upstream and downstream, such as exploration and production, liquefaction and regasification terminals, and refineries reconfiguration to treat more and more extra heavy crudes," explains Julio Campos, Consultant with Frost & Sullivan´s Energy and Power Systems Group.

Frost & Sullivan will hold this live briefing at 2:00 CST / 3:00 EST on Tuesday, February 03, 2009, which will provide industry participants an outlook on Latin American Oil and Gas Markets. To participate, please email Catalina Rossini at Catalina.rossini@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. Upon receipt of the above information, a registration link will be emailed to you.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

CONTACT: Catalina Rossini; Corporate Communications, Latin America Ph. 54 11 4777-4777 Catalina.rossini@frost.com http://www.frost.com

SOURCE Frost & Sullivan

Source: PR Newswire

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