Argentina has begun exporting natural gas to Brazil for the first time via Bolivia’s YPFB infrastructure, initiating a significant bilateral energy relationship. The Brazil-Bolivia Gas Pipeline aims to increase capacity to meet growing demands. Simultaneously, fuel supply in key Bolivian cities has stabilized, with YPFB distributing millions of liters daily while addressing market pricing transparency.
Argentina has commenced its first-ever exports of natural gas to Brazil through the Bolivian energy infrastructure managed by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). The initial shipments are sourced from TotalEnergies’ Vaca Muerta field in Neuquén and transported through Argentina’s TGN and TGS pipelines, eventually connecting to Brazil via Bolivia’s pipeline network.
The Brazil-Bolivia Gas Pipeline (Gasbol) has a capacity of 30 million cubic meters per day, but is currently operating at 10 million. Plans are in place to ramp up to full capacity over the next five years to meet rising industrial demand in Brazil. This strategic move allows Bolivia not only to earn from leasing its pipelines but reinforces its position in the Southern Cone’s energy market.
This agreement signals a revitalization of Argentina’s energy sector, paving the way for future investments in hydrocarbons. The initial gas export volumes are set at 2 million cubic meters daily, representing a significant step for Argentina.
YPFB President Armin Dorgathen confirmed that fuel supply, including gasoline and diesel, in key Bolivian cities is stabilizing, successfully reducing long lines at gas stations. Currently, YPFB distributes over 7.7 million liters of diesel and 8 million liters of gasoline each day, with additional shipments routed through the Chilean port of Arica.
Dorgathen addressed rumors regarding fleeing the country or overcharging for fuel imports, stating that prices are consistent with international norms and defending Bolivia’s fuel subsidy. He announced a forthcoming forum to discuss regional fuel pricing structures.
He noted that the gas supply previously designated for Argentina is now redirected to Brazil, where demand and pricing are more favorable. In cities like Santa Cruz and La Paz, there are signs of improved fuel availability, with decreased waiting times at fuel stations. Dorgathen reported reductions in vehicle queues, indicating enhanced stabilization of fuel supply. He reassured the public of ongoing operations in Bolivia and a commitment to transparency around the regional fuel market.
In conclusion, Argentina’s inaugural natural gas exports to Brazil through Bolivia’s infrastructure mark a pivotal development in the South American energy landscape. The stabilization of fuel supply in Bolivia alongside enhanced gas exports facilitates economic growth and reinforces inter-country energy collaboration. Bolivian authorities are confident in meeting future demands while addressing regional pricing issues, thus positioning themselves as a key player in energy distribution.
Original Source: en.mercopress.com
