Petrobras Has Government Approval to Import Gas from Bolivia

Written by Flavia Marinho

Published on 28/10/2020 at 12:40

Ministério de Minas e Energia, autoriza a petroleira Petrobras, a importar gás natural da Bolívia. A autorização, válida até o final de 2020

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Ministry of Mines and Energy Authorizes Petrobras to Import Natural Gas from Bolivia. The Authorization is Valid Until the End of 2020

The Brazilian oil company Petrobras receives approval from the Ministry of Mines and Energy to conduct natural gas import activities from Bolivia for a total volume of up to 10.08 million cubic meters per day. COVID-19 May Depreciate a Quarter of the Global Fleet of Offshore Drilling Units

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The authorization granted by the government to the state-owned company was published by the ministry in the Federal Official Gazette this Wednesday and is valid until the end of 2020.

The approval also includes the authorization that allows Petrobras to import an additional up to 1 million cubic meters per day of the product for use in the transportation system.

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According to the government’s publication, the natural gas to be imported from the neighboring country will have a potential market in meeting the demand of thermoelectric plants, with transportation through the Bolivia-Brazil pipeline.

The delivery location of the input will be at the border between the two countries in Corumbá, Mato Grosso.

Petrobras must present reports on the import operations conducted, including daily volumes, to the regulatory agency National Agency of Petroleum, Natural Gas and Biofuels (ANP).

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Petrobras started the process of selling its stake in Gaspetro at the end of February, entering the binding phase in July after a delay in mid-March, when the oil company reopened the qualification phase for interested parties.

Petrobras Has Government Approval to Import Gas from Bolivia

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Petrobras Has Government Approval to Import Gas from Bolivia

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