Argentina has begun exporting natural gas to Brazil via Bolivia, utilizing pipelines operated by YPFB. This initiative follows a tripartite agreement and marks a shift in energy trade, with plans to scale up exports significantly. Additionally, YPFB reports stabilization in fuel supply in Bolivia’s major cities, while addressing pricing concerns and regional energy demand.
Argentina has commenced the export of natural gas to Brazil through Bolivia, marking a significant milestone in energy trade within the region. The gas, sourced from the Vaca Muerta field in Neuquén, Argentina, travels via the TGN and TGS pipelines to Salta, and then through Bolivia’s YPFB network, culminating in Brazil as per a tripartite agreement established in late 2024.
The Brazil-Bolivia Gas Pipeline (Gasbol), which has an operational capacity of 30 million cubic meters per day, is currently functioning at 10 million cubic meters but has plans for expansion over five years. This strategy aims to address Brazil’s industrial gas demands while enabling Bolivia to transition from exporting gas to leasing its pipeline infrastructure, thereby enhancing its financial standing and solidifying its energy-related position in the Southern Cone.
This new arrangement also indicates a revitalization of Argentina’s energy sector, anticipating future investments in hydrocarbons. The initial exports have commenced at a volume of 2 million cubic meters daily, reflecting Argentina’s ambitions to strengthen its energy collaborations.
Additionally, YPFB President Armin Dorgathen provided insights on the stabilization of fuel supply in Bolivia’s major cities, including Santa Cruz, La Paz, and Cochabamba. Notably, YPFB is currently distributing upwards of 7.7 million liters of diesel and 8 million liters of gasoline per day, with additional shipments arriving at the port of Arica in Chile.
In addressing concerns about fuel pricing and supply, President Dorgathen dismissed rumors regarding his departure from Bolivia and the alleged overcharging for fuel imports, reiterating that fuel prices are consistent with international standards. He further affirmed the substantial demand for Bolivia’s gas in Brazil, where prices are being perceived as more favorable. Dorgathen also mentioned a forthcoming forum aimed at providing transparency regarding fuel pricing within the region, essential for clarifying misconceptions surrounding fuel management.
Argentina’s initiation of natural gas exports to Brazil through Bolivia signifies a pivotal development in regional energy dynamics. Concurrently, the stabilization of fuel supply in Bolivia, as reported by YPFB, underscores efforts to enhance service delivery and economic relationships. These advancements carry implications for investment prospects in the hydrocarbon sector and the broader energy economy in South America.
Original Source: en.mercopress.com
