Brazil allows Bolivia's YPFB to sell gas to Brazilian companies

14 Jan 2020

The Ministry of Energy of Brazil has allowed the Bolivian oil and gas company YPFB to use the Gasbol gas pipeline connecting Bolivia and Brazil to sell gas to companies in Brazil, in an attempt to promote competition on the gas market and to reduce prices.

YPFB will deliver 1.2 mcm/d (around 440 mcm/year) of gas to the state of Mato Grosso do Sul in 2020, with gas export volumes rising to 2.6 mcm/d (around 950 mcm/year) in 2021 and 3.6 mcm/d (1.3 bcm/year) as of 2022.

Brazil's state-owned oil and gas company Petrobras was the sole user of the 3,150 km pipeline until the expiration of a gas supply contract at the end of 2019.

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