Page 10 - LatAmOil Week 50 2022

LatAmOil BOLIVIA LatAmOil

It also broke the figure down between domestic
sales and exports. On the domestic front, it said
that Bolivian gas sales had generated $169.9mn
in revenue between January and November and
reported that local demand had averaged 12.7
mcm per day.
With respect to exports, YPFB said it had
delivered 10.8 mcm per day of gas on average
to Integración Energética SA (IEASA), a state-
owned Argentinian oil, gas and power company,
in the 11-month period. These sales generated
$1.59bn, it noted.
It went on to say that it had delivered 16.9
mcm per day of gas on average to various Brazil-
ian customers between January and November.
Thus far, it stated, YPFB has signed gas supply
contracts with the Brazilian electric power
producer Ambar Energia, the gas distributor
CDGN, the electric power distributor Delta,
the electric power trading company Tradener
and MTGas, and the state gas distribution com-
pany of Mato Grosso. The Bolivian NOC is also
expecting to sign gas supply contracts with the
fertiliser producer Unigel, with Parana State’s
gas distribution company Compagas and with
New Fortress Energy (NFE), the US-based com-
pany that is investing in a number of Brazilian
LNG-related projects. Bolivia exports gas to Brazil and Argentina via pipeline (Image: ESRI/YPFB)
YPFB has reduced the total volume of gas
delivered to Brazil this year in favour of boost- contracts directly with private Brazilian buyers.
ing exports to Argentina. It has done so in This is in line with the liberalisation of Brazil’s
response to Argentina’s offer to pay more for the domestic gas market, which was previously
gas. At the same time, though, it is now signing monopolised by state-controlled Petrobras. ™

BRAZIL
IBAMA authorises Petrobras to move

ahead on several Santos basin projects

IBAMA, the Brazilian federal environmen-
tal agency, has given the national oil company
(NOC) Petrobras permission to move forward
with operations related to the planned launch of
two floating production, storage and off-load-
ing (FPSO) vessels in the pre-salt section of the
Santos basin.
The agency published announcements on
these developments last week. In one statement,
it said it had issued a licence authorising Petro-
bras to begin operating FPSO P-71, a vessel that
has been installed at the Itapu pre-salt oilfield.
The licence will remain valid for a period of eight
years, IBAMA said in its statement. The FPSO P-71 has a capacity of 150,000 bpd (Photo: Petrobras)
Petrobras recently commissioned the
FPSO P-71 at the Jurong Aracruz shipyard in It is capable of handling up to 150,000 barrels
Espírito Santo. The unit departed for the Itapu per day (bpd) of crude oil and 6mn cubic metres
field in October in preparation for installation per day of gas, and it can also store up to 1.6mn
procedures. barrels of oil.

P10 www. NEWSBASE .com Week 50 14•December•2022