Bolivian oil state company, YPFB, needs to plan a more competitive strategy to negotiate gas contracts with Brazilian private firms in an adverse political panorama with the arrival of Jair Bolsonaro to the presidency.
Argentina finalised its first shipment of natural gas to Chile after it closed the key to its neighbour more than a decade ago. The initiative consolidates a new strategic alliance between the two countries said Chilean President Sebastián Piñera.
According to the Bolivian International Trade Institute (IBCE), Gary Rodriguez, public-private partnerships such as the construction of the international ports Jennefer, Aguirre and Gravetal on the Paraguay-Paraná waterway -which provides Bolivia access to the Atlantic Ocean- can have a significant impact on the country’s economic growth that could reach from 4.5% to even 9%.
Swiss-German consortium will open an operative office in Bolivia to continue developing the bi-ocenic railway project.
The Swiss-German consortium interested in financing of the construction of bi-oceanic railway corridor in Bolivia decided to install an operating base in the country to analyse and review technical and economic proposals as well as to plan and implement adjustments to the rail-track.
The Bolivian proposal for a bi-oceanic corridor is more feasible than the one suggested by Chile, which excludes Bolivia. According to Bolivian experts, the Bolivian project it is now in the pre-feasibility phase, and there is already a railway line in Brazil that connects with the Bolivian track.
President Evo Morales said that he would try to contact Brazilian President-elect, Jair Bolsonaro, to ratify the trade and integration agreements both countries signed. The president said that regional integration is above any ideological difference.