(Energy Analytics Institute, Jared Yamin, 18.May.2016) – The political situation that is affecting Brazil with the suspension of its President Dilma Rousseff will not affect negotiations with Bolivia regarding a natural gas sales and purchase agreement.
“Brazil has a need to supply its market with Bolivian gas and over time it’s foreseeable that we will maintain our agreements,” reported the daily newspaper La Razón, citing YPFB President Guillermo Achá.
Bolivia is concentrating efforts on additional exploration projects to continue fulfilling its contracts with Argentina and Brazil after fulfilling demand in the domestic market, said Achá.
A sales and purchase agreement — which expires in 2019 – establishes that Bolivia supply up to 31.5 million cubic meters per day of natural gas to Brazil.
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