The action takes place at the same time that Petrobras reduced its demand for Bolivian gas and is seeking a buyer for its stake in Transportadora Gasoduto Bolivia-Brasil (TBG)

The Bolivian court blocks accounts of the Petrobras subsidiary in Bolivia, due to a legal dispute over a property in the San Alberto field, where one of its main gas fields in the country is located. According to information from the Reuters agency, the process is in the second instance at the Agro-environmental Court of Sucre, after the state-owned company appealed the decision.

Read also

• Oil multinational hires high school and higher education professionals to work on offshore and onshore projects in Macaé and Rio de Janeiro
• Macaé will 'get on track'! One of the largest engineering, services and infrastructure companies in the world wants to build a locomotive factory in the city
• Epson invites students from all areas to fill vacancies at its São Paulo factory in the industrial, operations, marketing, human resources and more sectors
• Carpenter, welder, mechanic and more job vacancies opened yesterday (27/05), in RJ, by Companhia Brasileira de Serviços de Infraestrutura
• Diesel price rises again and truck drivers demand tax on oil exports to alleviate fuel costs

The court decision, in the first instance, handed down in April, would have defined the payment of US$ 61,14 million to the family of Maria del Rosario Vacaflor Lahore, which claims ownership of part of the area where the field is located, by the state-owned company and its partners in the area.

Petrobras' activities in Bolivia are focused on the exploration and production of oil and natural gas. The company operates the San Alberto, Sábalo, Itaú fields and the San Telmo Norte exploration area, in the department of Tarija, and the Colpa and Caranda Fields Area, located in the department of Santa Cruz.

The company also has a 21% stake in the Rio Grande Compression Plant, the starting point of the Bolivia-Brazil Gas Pipeline (Gasbol).

The process takes place while Petrobras seeks a buyer for its stake in Transportadora Gasoduto Bolivia-Brasil (TBG)

The action takes place at a time when Petrobras has reduced its demand for Bolivian gas, due to the growth of production in the country, at the same time that it has been making room for other investors to import the input to Brazil.

The Brazilian oil company is also seeking a buyer for its stake in Transportadora Gasoduto Bolivia-Brasil (TBG), which owns and operates the Brazilian section of the Gasbol gas pipeline.

One of the agency's sources said that Petrobras had the right to explore the block in 1996, and that the family claimed the rights to the land in 2018, presenting a title deed of possession from 1971. Before, to file the lawsuit, the family obtained, in court, the dissolution of a sale of the land carried out in 1973, by it, to a logging company, with retroactive effects.

The San Alberto field produced, in 2020, an average of 2,69 million cubic meters per day of gas. It is operated by Petrobras, with a 35% stake, which is partnered by YPBF Andina –a joint venture between Bolivian YPFB and Spain's Repsol (50%)– and France's Total (15%).