Argentina Looks to Cease Bolivian Gas Imports By 2020

Instant Max AI

(Energy Analytics Institute, Jared Yamin, 16.Oct.2018) — With its own gas projects to develop, Argentina is seeking to reduce imports of natural gas and by 2020 it expects to stop buying it completely from Bolivia.

In the run up period, Argentina looks to reduce Bolivian gas imports by 20% in 2018, by 50% in 2019, and by 2020 they would no longer be necessary, reported Bolivian media La Razon, citing Argentina’s Energy Secretary Javier Iguacel.

The plan announced by the Argentine official is based on three current massive developments and four other promised in the Vaca Muerta formation, which spans four provinces: Neuquén, Río Negro, La Pampa and Mendoza.

Currently, the Neuquén Basin produces almost 70 million cubic meters of gas per day (MMcm/d) and Argentina expects to boost production in the basin to nearly 90 MMcm/d with additional investments.

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