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
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
18 February 2025
Booming crude production has been met with international caution after the UN’s damning assessment
17 February 2025
The thrum of the government’s comprehensive energy internationalism could be seen in the flurry of deals and partnerships at India Energy Week amid a mission to meet the economy’s insatiable appetite
17 February 2025
There is a growing feeling that it will not take much for heavy international hitters to follow the US out of the Paris Agreement