The Government ensures that the proposal to increase gas sales to Argentina was "unsustainable"

The government, through the Minister of Hydrocarbons, Luis Sánchez, badured that the proposal to increase gas sales to Argentina was "unfeasible" and "not favorable to the country". In this context, he confirmed that Bolivian energy remains the most competitive in the region.

"Bolivia is able to sell more gas to Argentina, but at a better price.In contrast to this, the offer of Argentina is not favorable for the country, "said the minister, citing an institutional newsletter.

"Although they demand more gas from Bolivia, in the Argentine proposal, they are decreasing their obligations and not proposing it's a proposal," he added.

The government's position comes after Argentina has decided to import natural gas from Chile for the next three years in order to cover part of its domestic demand.

] In 2016 and 2017, Argentina also imported energy from the Trans-African country because what it was receiving from Bolivia was insufficient, La Razón reported Monday in its print edition.

However, Sánchez pointed out that the Bolivian gas is still the

In the case of the Argentine market, the Bolivian gas has an approximate price of 5 million US dollars (British thermal unit), while after the price liquefied natural gas (LNG) in Argentina is greater than $ 7.

The hydrocarbons specified that the energy imported from Chile is higher than this price. "Bolivia will still be very competitive in terms of gas supply, compared to LNG or projects such as Vaca Muerta in Argentina or Presalt in Brazil, which report higher prices for imported LNG," Sánchez said. 19659003]. Energética Argentina SA (IEASA) and the National Petroleum Company (Enap) of Chile follow the repeated knowledge of the Argentine government of its intention to acquire larger quantities of fuel from Bolivia to meet its domestic demand during the winter season .

The hydrocarbons specified that the Argentine government, through the Ministry of Energy and Mines, was the one that had submitted an application (unofficial) to Bolivia for adjustment from the commercial gas sales contract, based on YPFB Bond in the winter period, but a 50% reduction of the bond during the summer, reports the bulletin.

Argentina, adds the note, made one to the second (unofficial) proposal to YPFB in which it has segmented and increased bonds for the Bolivian state not only for the winter, but also for In the summer, also increases the penalties for YPFB.

"These proposals have never been made official, Nevertheless, YPFB has badessed the claim submitted by the Argentine ex-authority and has proposed a meeting to submit a counter-proposal, but it is not enough. This is not materialized by the change of minister in Argentina and no progress has been made, "said Sánchez.

According to the Bolivian minister, "while all countries seek to guarantee their energy security, we have a fairly large surplus", a factor that supports the export of Bolivian gas to other countries and generates income.

said that "Argentina, to date, has a default with the country for the bills of April and May 2018, which we hope, in the coming days, regularize this situation. "He said that" YPFB has already sent his counterpart remembering the payment deadlines and that the delays are subject to the payment of interest. "

"We have a contract with Argentina so far and for the moment what governs and orders is the contract, everything else is proposed, in which we will make sure that the conditions are always favorable for the country in volume, price, season and seasons. "

" We are open to further negotiations and to the conclusion of a good agreement on the subject, "concluded the minister. (20.07.2018)