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Policy & Regulation

Bolivia and Argentina adjust gas price and volumes

Bolivia has renegotiated higher prices for the gas it exports to Argentina, but at the cost of potentially lower export volumes Bolivia has renegotiated higher prices for the gas it exports to Argentina, but at the cost of potentially lower export volumes.
By Elena Mataro 4 March 2019 Americas / Supply & Demand 0 33997
Argentine pipeline infrastructure. (TGN)

Bolivia and Argentina renegotiated their long-term gas supply contract last month, giving Bolivia a higher price for its supply while allowing Argentina the flexibility to adjust the volume it imports.

The two South American countries signed a modification to their long-term gas supply contract on 14 February, agreeing new pricing and quantities with greater seasonality in deliveries.

But despite securing higher prices for volumes above a flat rate, Bolivia is set to see an overall reduction in income from the contract.

Buenos Aires is working to reduce its...