Bolivia, Brazil on natural gas
Bolivia: Bolivian Hydrocarbon Minister Oscar Coca informed that
authorities from his country and Brazil will meet to analyze natural gas
supply, Cambio Daily reported on Sunday.
Representatives from Bolivia's state company YPFB and Brazil's
Petrobras are expected to meet before September 24, the source added.
Coca noted the meeting's main objective is to agree on whether or not to
maintain or increase export markets.
YPFB President Carlos Villegas referred to the possibility of
changing the contract on gas sale to Brazil to adjust and establish
fixed quotas, allowing Bolivia consolidate additional volumes for its
local and international market.
In 1999, Brazil and Bolivia signed a 20-year-term gas contract that
stipulated a supply starting at 5 million cubic meters, and likely to
reach 31 millions in 2005.
Brazil recently asked for lesser volume, so YPFB is coping with
several choices after the drop in exports to than country and Argentina.
La Paz, Monday, Prensa Latina |