Page 12 - LatAmOil Week 25 2021

LatAmOil BOLIVIA LatAmOil

San Antonio is one of Petrobras’ two largest gas fields in Bolivia (Image: Total)
The Gasbol pipeline system has a throughput per day. Petrobras has a 35% stake in the project
capacity of 11bn cubic metres per year and is and also serves as its operator, while the remain-
1,418 km long. ing equity is owned by YPFB Andina, a consor-
As of last year, San Alberto was producing tium formed by TotalEnergies (France), Repsol
gas at the rate of around 2.69mn cubic metres (Spain) and YPFB. ™

YPFB sees gas exports to Argentina

remaining steady this winter

BOLIVIA’S national oil company (NOC) YPFB
expects natural gas exports to neighbouring
Argentina to remain at the level of 14mn cubic
metres per day this winter.
YPFB noted over the weekend that export
volumes had gradually increased in the first two
months of 2021, reaching 11 mcm per day as of
the end of February before rising to an average
level of more than 14 mcm per day between
March and May.
Deliveries are now set to remain steady at 14
mcm per day for the rest of the heating season,
it said. Argentina receives Bolivian gas via a cross-border pipeline (Image: TGS)
Bolivian President Luis Arce confirmed this
information, noting that the NOC had boosted that engages in the production and trade of oil,
exports because Argentina’s energy demand had gas and electricity. That contract establishes two
risen since the start of the year and the advent intervals for gas shipments – a winter period,
of the winter heating season. Buenos Aires has which runs from May to September, and a
made arrangements to pay for the extra vol- summer period, which includes the months of
umes, Arce said in a Twitter post. October, November, December, January, Feb-
“We are sending 14mn cubic metres of gas ruary, March and April. Argentina’s demand for
daily to Argentina, given the increase in demand gas tends to be highest in the winter period, the
for this energy due to winter. The government NOC noted.
of that country approved a decree authorising It went on to say that it was complying with
a credit of $200mn for the purchase of Bolivian the terms of its contract with IEASA “in full.”
gas,” he wrote. However, it also stressed that it was giving the
According to YPFB, the delivery volumes are highest priority to domestic requirements,
in line with the terms of the fifth addendum to saying that it was trying to uphold its export
a contract signed with Integración Energética commitments while also prioritising domestic
Argentina SA (IEASA), a state-owned company customers. ™

P12 www. NEWSBASE .com Week 25 24•June•2021