Bolivia increases to 18MMcmd gas exports to Argentina and gradually to Brazil

The state-owned oil company YPFB increased, as of June 1, natural gas exports to Argentina from 16 to 18 million cubic meters per day (MMcmd), and gradually increased the export of energy to Brazil's Petrobras. Natural gas requirements in Argentina in May, the month in which the Winter period of the contract begins, increased from … Continue reading Bolivia increases to 18MMcmd gas exports to Argentina and gradually to Brazil

Capstone Turbin signed first long-term FPP service contract in Bolivia

Capstone Turbine Corporation, the world's leading clean technology manufacturer of microturbine energy systems, announced that it continues to expand its market presence in Latin America with its first long-term Factory Protection Plan (FPP) service agreement in Bolivia for a 600 kilowatt (kW) microturbine system. Despite the recent impact from Covid-19, the countries in Latin America represented 13% of Capstone's total revenues in the fiscal year ended March 31, 2020, compared to 12% of total revenues in the prior fiscal year.