Industry

Brazil decreases gas imports from Bolivia to 11.4 MMm3d

Since February 9 of this year, Petrobras has started importing liquefied natural gas (LNG) from overseas markets and has significantly reduced its demand for Bolivian energy. Even though the price of Bolivian gas exported to Brazil fell in the second quarter to $4.58 per million BTUs, it is still higher than LNG, which costs less than $2 per million BTUs. In April Petrobras imported an average of 10.6 MMm3d of Bolivian gas and an average of 5.6 MMm3d of LNG. In May, it introduced an average of 11.4 MMm3d of Bolivian gas and 5.7 MMm3d of LNG.

Source: La Razón

Categories:Industry