Petrobras Authorized By MME To Import Natural Gas From Bolivia

Written by Valdemar Medeiros

Published on 20/01/2021 at 10:08

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Petrobras Obtained Authorization from MME to Import Natural Gas from Bolivia

The Ministry of Mines and Energy – MME accepted Petrobras’s request for natural gas and approved on Tuesday, January 19, the import of up to 5.08 million m³ per day of Natural Gas from Bolivia, aiming to supply the thermoelectric market.

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The MME’s authorization, valid until February 28 and published in the Official Gazette on Tuesday, is for a total volume of up to 5.08 million cubic meters per day, on an interruptible basis, with imports aimed at meeting the thermoelectric market demand.

New MME Authorization Allows Petrobras to Use 1 Million of That Natural Gas Quantity in Its Transportation System

An earlier authorization from the MME to Petrobras for Bolivian natural gas imports was valid until the end of 2020. The approval allowed purchases of up to 10.08 million cubic meters per day, with the possibility of an additional 1 million cubic meters per day for use in the transportation system.

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Delivery Location

The delivery location of the energy will be the border with Bolivia, in Mato Grosso do Sul, near the city of Corumbá.

When questioned, Petrobras stated in a note to Reuters that the new authorization granted by the Brazilian government “reflected the volume that was being negotiated with YPFB at the time of the request.”

Until the end of 2019, Petrobras and the Bolivian state gas company YPFB had a contract that provided for a minimum purchase by the Brazilian company of 24 million cubic meters per day, with a maximum of 30.08 million.

Petrobras Authorized By MME To Import Natural Gas From Bolivia

Petrobras Obtained Authorization from MME to Import Natural Gas from Bolivia

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New MME Authorization Allows Petrobras to Use 1 Million of That Natural Gas Quantity in Its Transportation System

Delivery Location

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Petrobras Authorized By MME To Import Natural Gas From Bolivia

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