Supply & Demand

Bolivian gas prices low enough to compete with LNG

Bolivian prices for natural gas are low enough to compete with LNG imports in the Latin American region, the president of Bolivian oil and gas company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Carlos Villegas Quiroga, has said
By Andreas Walstad 18 May 2011 0 24

Bolivian prices for natural gas are low enough to compete with LNG imports in the Latin American region, the president of Bolivian oil and gas company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Carlos Villegas Quiroga, has said.

Bolivia exports piped natural gas to Argentina and Brazil, but in the past few years those countries have invested in regasification capacity in order to import more LNG from the global market. Without giving details on contractual agreements, Villegas said Bolivian prices for gas were low enough to compete with...