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Petrobras Bolivia S.A.

Company Detail


Petrobras Bolivia, a direct subsidiary of Petrobras Argentina S.A., engages in hydrocarbon exploration, production and marketing operations. Incorporated in 1996, the company currently carries out exploration and production activities in the departments of Tarija (San Alberto, San Antonio and Itaú), Santa Cruz (Cedro) and Chuquisaca (Monteagudo). It also offers transportation and compression services, holding a 21% stake in the Río Grande compression plant, the starting point of the 3,150km GASBOL pipeline which links Santa Cruz in Bolivia to the southern Brazilian city of Porto Alegre. In 1999, the company signed a natural gas purchase and sale agreement (PSA) with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for the exploration, production, and supply of gas to the Brazilian market until 2019.

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