Bolivia signs Brazilian gas supply deal
Distributor CDGN has an agreement for gas, but flexible contracts and limited output mean Bolivian volumes are likely to continue to flow to the highest bidder
Bolivia’s state-owned YPFB has signed an interruptible supply contract with Brazilian distributor CDGN Logistica for the purchase and sale of up to 4mn m³/d of gas. The deal, which runs from mid-July until the end of 2023, is subject to the availability of Bolivian gas and there are no minimum supply obligations for YPFB, which says it will deliver gas to CDGN “once the commitments with the internal [Bolivian] market and the obligations of the firm contracts in force have been fulfilled”. “If we do not have that volume, we do not supply the energy and no penalty is applied to YPFB,” explains company president Dorgathen Tapia. 4mn m³/d – Maximum supply volume The state-owned comp
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
19 November 2024
Energy minister says country is delaying first oil production until pipeline and refinery are ready