×
×
Policy & Regulation

YPFB barred from buying Petrobras Gasbol stake

The Bolivian company will not be allowed to make the acquisition, denting its strategy of 'internationalisation' and narrowing the list of potential buyers The Bolivian company will not be allowed to make the acquisition, denting its strategy of 'internationalisation' and narrowing the list of potential buyers.
By Ed O'Brien 15 August 2019 Americas / Policy & Regulation 0 34491
YPFB gas plant in Valle Hermoso, Bolivia. (PA)

The key issue: Plans by Bolivia’s YPFB to increase its stake in the Gasbol pipeline have been thwarted by a clause in a recent agreement between Petrobras and the Brazilian antitrust regulator, a spokesperson from industry regulator the ANP has said.

Interfax analysis: The restriction imposed on the sale of Petrobras’s transport and distribution assets is a blow to YPFB’s ‘internationalisation’ strategy. The Bolivian company’s plans were intended to help it remain relevant in its main gas export destinations of Argentina and Brazil while also...