(Energy Analytics Institute, Jared Yamin, 23.Aug.2019) — LatAmNRG briefs related to Bolivia signing deals related to urea and household gas and Brazil’s ANP saying it expects Bolivian natural gas prices to fall by 36% once a bilateral deal between Bolivia and Brazil ends later this year.
Bolivia Inks Urea, Household Gas Deals
(Energy Analytics Institute, Jared Yamin, 23.Aug.2019) — Bolivia’s state oil and gas entity Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) signed four agreements with national companies and entities to promote exploration studies, and the use of fertilizers such as urea and household gas.
Demand for urea in Bolivia is around 80,000 tons, of which this year YPFB expects to satisfy 50% or 40,000 tons, compared to 15,000 tons in 2018, local newspaper La Razón reported, citing comments from YPFB President Óscar Barriga during the II Petrochemical and Green Fuels Forum (2019) in Santa Cruz de la Sierra.
Brazil’s ANP Expects Reduction In Bolivian Gas Price
(Energy Analytics Institute, Jared Yamin, 20.Aug.2019) — Brazil’s National Petroleum Agency (ANP) confirmed earlier this month that the price of Bolivian natural gas could be reduced by nearly 40% once a bilateral contract with Bolivia expires later this year.
The price of gas that Brazil pays for Bolivian gas is expected to fall to $9/MMBtu compared to $14/MMBtu, reported local newspaper La Razón.
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