35% reduction in gas export revenues expected by 2020

An analysis prepared by the consulting firm Gas Energy Latin America (GELA) projects a reduction in revenue from gas exports to Brazil and Argentina of approximately 35% compared with 2019. The drop in international oil prices is the main reason. It proposes that YPFB sign not one, but several interruptible contracts with distribution and thermoelectric companies in Brazil to alleviate the revenue issue. YPFB reported that it has a surplus of between 2 and 4 million cubic metres which will be sold through new export contracts to be signed in the coming weeks.

Source: Los Tiempos