The Government states that Argentina's proposal to sell more gas is unachievable



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The Minister of Hydrocarbons, Luis Sánchez, affirmed that Argentina had unofficially offered to Bolivia to sell him larger quantities of gas, but that they were not viable because the conditions were not favorable to the country

. is able to sell more gas to Argentina, but at a better price. Contrary to this, the offer of Argentina is not favorable for the country, although they require more Bolivian gas, in the Argentine proposal they reduce their obligations and do not favor the country. do not establish a price proposal, so in the current conditions, it is unachievable. "

According to the Ministry of Hydrocarbons, the Argentine government has first proposed an increase in the YPFB bond in winter and a 50% reduction of the obligations of its counterpart company during the summer Then there was another proposal in which, unofficial, in which he was raised to increase the obligations for the Bolivian state not only for the winter, but also for the summer, but also increased the sanctions for YPFB

Sánchez said that a meeting was proposed However, to present a counter-proposal, it was not materialized by the change of minister in Argentina. 19659002] The authority explained that Bolivian gas remains the most competitive in the region.In the case of the Argentine market, Bolivian gas has an approximate price of 5 million US dollars, while the price of LNG in Argentina is greater than 7 dollar and the price of gas imported from Chile is higher than this price.

"Bolivia will still be very competitive in terms of gas supply, compared to LNG or projects like Vaca Muerta in Argentina or Presalt in Brazil, which report higher prices for imported LNG," he said. he adds.

Argentina to date has been late with the country for the April and May 2018 bills. "We hope in the coming days to regularize this situation." YPFB has already sent his counterpart to remember the deadlines payment and that delays are subject to interest payments, "he said.

However, Minister Sánchez said that Bolivia is open to continue negotiations and reach a good agreement. theme. "

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