Policy & Regulation

Bolivia set to lose ground in Brazilian gas market

Bolivia's gas supply contract with Brazil is up for renewal, but the renegotiations could prove difficult Bolivia's gas supply contract with Brazil is up for renewal, but the renegotiations could prove difficult.
By Elena Mataro 31 January 2019 0 33890
Bolivian President Evo Morales. (YPFB)

The key issue: Bolivia’s long-term agreement to supply gas to Brazil will expire in July, and changes to the market since the contract was signed will weaken Bolivia’s hand in the renewal negotiations.

Interfax analysis: The presence of Bolivian President Evo Morales at the inauguration of his Brazilian counterpart Jair Bolsonaro did not pass unnoticed: it signalled the start of negotiations to renew Bolivia’s gas export contract with Brazil, its top customer.

The renegotiation promises to be difficult from a Bolivian perspective as market conditions have...