Macroeconomy/Finance

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 11 MMcmd to 16 MMcmd. For June, the amount committed is 18 MMcmd. With respect to Brazil, gas shipments are expected to increase gradually to 14 MMcmd.

Source: Eju!