Petrobras Inks New Addendum with Bolivia’s YPFB

(Petrobras, 5.Aug.2022) — Petrobras, following up on the release disclosed on 24 May 2022, has celebrated a new addendum to the natural gas purchase contract with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).

The addendum signed today refers to the commitment profile for deliveries by YPFB of the gas volumes contracted by Petrobras, as a function of YPFB’s current availability and the contracts assumed by it with other gas market agents, as widely disclosed.

The addendum provides for the maintenance of the maximum contracted volume of 20 million m3/day, with flexible delivery and receipt according to seasonality and supply availability, thus ensuring a supply in contractual balance for the companies. In addition, it brings more security and predictability of gas supply to the market served by Petrobras.