Brazil-Bolivia gas talks suspended
Pipeline contract deadline looms as Brazil increasingly turns to LNG
Political disarray in Bolivia, resulting in the exile of President Evo Morales, has delayed renewal negotiations on a Bolivia-to-Brazil gas import contract set to expire at the end of December. Brazil’s state-owned Petrobras and its Bolivian counterpart YPFB signed a deal in 1996 to supply Brazil with 30mn m³/d via the TBG pipeline. Contract negotiations had been planned after Bolivia’s October national elections to allow other Brazilian companies to tender for potential spare capacity in TBG. “Brazil has informed Bolivia that it will be taking half the volumes agreed for in the past,” says Enrique Barrios, partner at Bolivian law firm Guevara & Gutierrez. “The remaining 50pc is up-for-g
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!
