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Element not found, potential alliances, joint projects, gas segments, renewable energies, E&P, energy transition, trade agreements, Accession Protocol.
The Mercosur Summit held in Rio de Janeiro was a milestone for Petrobras, which had the opportunity to meet with the Bolivian Minister of Hydrocarbons to discuss potential alliances and joint projects in the gas, fertilizers, renewable energy and exploration & production segments. (E&P).
The president of Petrobras, Jean Paul Prates, highlighted the importance of the bilateral meeting, stating that 'Bolivia can be a strategic partner' in the gas and energy transition segments, highlighting the continuation of previous meetings with the Bolivian government to address fundamental issues for Petrobras, Brazil and all of South America. The partnership between the two nations can be beneficial for both sides, resulting in significant advances in the sector.
President of Petrobras at the Mercosul Summit
This is Prates' third meeting with the Bolivian government, in 2023. In August, the president of Petrobras held the second meeting with the president of Bolivia, Luis Arce, to also evaluate potential alliances and projects, during the Amazon Summit, in Belém/PA.
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The first meeting took place in May, dealing with the future of gas and oil exploration in the region. The authorities participated in the first meeting of leaders of South American countries, held by the federal government, at the Itamaraty Palace, in Brasília.
Discussions at the Mercosur Summit
Under the Brazilian Presidency since July this year, the Mercosur Summit, held in Rio de Janeiro, dealt with trade agreements, such as the one with Singapore, in addition to the promulgation of Bolivia's Accession Protocol to the group.
The bloc was created in 1991, with the aim of integrating countries in the region and establishing commercial, political and diplomatic partnerships to expand investments. The group is made up of Brazil, Argentina, Paraguay and Uruguay.
Source: Petrobras Agency
