Combined gas demand from Brazil and Argentina exceeds capacity, says expert

According to data from the Bolivian Energy Secretary, as of 31st October the demand of gas in Brazil reached 31.14 Million cubic metres per day (MMcmd), while in Argentina reached 12.25 MMcmd. The contract signed with Brazil in 1999 stipulates a maximum shipping amount of 30.05 MMcmd and a minimum volume of 24 MMcmd. In the last quarter sale prices to Brazil were $5.56 per million BTU (British Termic Unit) and for Argentina $6.51.