Bolivia's YPFB inks gas supply deal

Tuesday, November 29, 2016

Bolivia's state hydrocarbons company YPFB is scheduled to start supplying 2.2Mm3/d to Brazilian power generator Empresa Produtora de Energia (EPE) from Wednesday (Nov 30).

YPFB made the announcement after signing a four-year contract with EPE, which operates a 480MW plant in Mato Grosso state.

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"The price we are agreeing to with EPE is 15% higher than the price we charge [Argentine state energy company] Enarsa," a YPFB release quoted hydrocarbons and energy minister (MHE) Luis Alberto Sánchez as saying.

"The price we charge Enarsa is US$3.93 per MMBTU and this interruptible contract with the private Brazilian company is for US$4.52 per MMBTU," he added.

Bolivian gas prices (CREDIT: MHE)

"Deliveries today to Argentina and Brazil in the contractual range are of volumes below the maximum, which gives us the possibility of guaranteeing the entrance of new clients like the company EPE," YPFB president Guillermo Achá said.

Bolivian gas deliveries (CREDIT: MHE)