Natural Gas Liquids Production — - Natural Gas Liquids (NGL) Production refers to the total volume of liquid hydrocarbons recovered from natural gas during production and processing within a given year. It is typically measured in thousand barrels per day (kb/d) and includes hydrocarbons that are separated from natural gas streams because they condense into liquids under normal surface conditions. Major components include ethane, propane, butane, isobutane, and natural gasoline (pentanes plus). This indicator reflects a country's capability to recover valuable liquid hydrocarbons from natural gas production and is widely used to assess upstream gas processing activity, hydrocarbon resource utilization, and supply of feedstocks for petrochemical, heating, and transportation applications.
Measured in thousand barrels daily, the dataset serves as an important indicator of natural gas processing activity, hydrocarbon production, and the performance of the region's oil and gas sector. Incorporating production data from Brazil, Argentina, Venezuela, and remaining South & Central American countries, the dataset enables assessment of regional supply dynamics, production efficiency, and long-term market performance.
South & Central America's total NGL production declined from 411 thousand barrels daily in 2015 to 389 thousand in 2016, recovered to 414 thousand in 2017, and then decreased to 379 thousand in 2018 and 378 thousand in 2019. Regional output fell further to 342 thousand barrels daily in 2020 and 325 thousand in 2021, before recovering to 331 thousand in 2022 and 339 thousand barrels daily in 2023. Argentina increased production from 114 thousand barrels daily in 2015 to 128 thousand in 2023, while Brazil recorded moderate growth from 88 thousand to 101 thousand barrels daily. In contrast, Venezuela's production declined significantly from 117 thousand to 44 thousand barrels daily, and the remaining countries experienced a gradual reduction in output.
Overall, the dataset indicates a long-term decline in regional NGL production, largely driven by sustained reductions in Venezuela and other producing countries. However, increasing production in Argentina and improving output in Brazil partially offset these declines, supporting a modest regional recovery during the final years of the review period. The dataset serves as a valuable resource for monitoring production trends, evaluating regional supply, supporting market analysis, forecasting future output, and enabling policymakers, researchers, investors, and industry stakeholders to develop informed energy strategies and long-term investment decisions.