Argentina commenced its first natural gas exports to Brazil through Bolivia’s YPFB infrastructure, following a tripartite agreement. The Brazil-Bolivia Gas Pipeline is set to increase its operational capacity amid a shift in Bolivia’s export strategies. Concurrently, fuel supplies in Bolivia have stabilized, reducing queues at fuel stations, and enhancing regional energy security.
Argentina has initiated its natural gas exports to Brazil, utilizing the infrastructure provided by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). The gas, procured from the Vaca Muerta field in Neuquén, Argentina, is transported through Argentina’s TGN and TGS pipelines to Salta, subsequently traversing Bolivia via YPFB’s network, including the Madrejones pipeline. This is a result of a tripartite agreement finalized in late 2024.
The Brazil-Bolivia Gas Pipeline (Gasbol) currently operates at a capacity of 10 million cubic meters per day and aims to scale to 30 million over the next five years to satisfy Brazil’s increasing industrial gas demand. This shift represents a new economic strategy for Bolivia, moving from purely export-driven approaches to leasing its pipeline infrastructure, thereby enhancing its significance as a critical energy nexus in the Southern Cone.
Moreover, Argentina’s reactivation of its energy sector signals potential for future investments in hydrocarbons, starting with initial shipments of 2 million cubic meters daily. In parallel, YPFB President Armin Dorgathen reported improvements in Bolivia’s fuel supply chain, citing stabilization in Santa Cruz, La Paz, and Cochabamba, which has diminished long queues at fuel stations.
In summary, Argentina’s gas exports to Brazil via Bolivia mark a significant development in regional energy collaborations. This new venture not only revitalizes Argentina’s energy sector but also enhances Bolivia’s role as a vital energy conduit, thus potentially shaping the future of hydrocarbon investments in South America. Additionally, the stabilization of fuel supply within Bolivia further underscores the potential for economic growth and regional cooperation among these nations.
Original Source: en.mercopress.com
