After Petrobras signal that aims to reduce natural gas imports from Bolivia's state YPFB Chaco, Bolivia is seeking new buyers for your product spare. Brazil was the main buyer of the neighboring country gas, which involved 30 cubic meters per day under a mechanism "take-or-pay". However, the agreement, which matures in 2019, will not be renewed by Petrobras.
The decision has caused concern to Bolivia, which also is trying a new contract with the Brazilian state. The breach of the agreement by Petrobras was due to increased production of gas from own state. The prices will be passed by YPFB to Petrobras after 2019 have not yet been agreed, however, there are other buyers involved in the negotiations.
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