Impact of the Covid-19 in the Oil and Gas Sector in Latin America

Abstract

Throughout history, humanity has suffered from events that have changed the perspective and has led to an analysis of human behavior in the face of globalized events, among which we can mention the five deadliest pandemics: smallpox, measles, the misnamed ‘Spanish flu’ of 1918, the black plague and AIDS (HIV), as well as severe acute respiratory syndrome (SARS), in which the potential impact of care was not anticipated to what would come next. To all this, the economic, cultural, energetic impact is added, among others; to which each country must face to guarantee the basic supplies of health and food. Specifically, the impact of covid-19 on the oil and gas sector in Latin America is shown, as well as the effect of the global measures adopted by the oil exporting countries as a result of this new global scenario.