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Bolivia ready to transport gas from Argentina to Brazil

La Paz, Jun 18 (Prensa Latina) The Yacimientos Petroliferos Fiscales Bolivianos (YPFB), state corporation, assured that it is ready to transport natural gas from Argentina to Brazil.

The document states that YPFB authorities will expand the information in a meeting with international media outlets.

Recently, the president of YPFB, Armin Dorgathen, reported that the company is evaluating the possibility of leasing facilities to Argentina for gas export from the Vaca Muerta field to the Brazilian market. “Bringing gas, what is it going to do? It will bring us Bolivians more resources, we are going to rent the pipelines so that gas can pass (…),” said the corporate leader, who explained that, from a purely commercial point of view, the best outlet for the Argentine product “is Bolivia, wherever you look.”

Dorgathen mentioned that there are several projects in other countries to export gas from the Vaca Muerta field, in Argentina; However, the “most viable, the cheapest, which is already built, is that of Bolivia,” and he added that Bolivia is already ready, and that it is up to the Argentine side to choose the route they want to take, if they modify their regulations to be able to do it.

The functionary stressed that Bolivian gas pipelines currently have a “quite extensive and very efficient” transportation capacity, adding that they can even increase that potential through compression stations, and insisted that renting the gas pipeline to Argentina would mean more economic resources for Bolivia.

Dorgathen additionally announced that YPFB wants to invest in the Vaca Muerta oil field, located in the Argentine province of Neuquén, with the objective of “(…) producing natural gas and taking it to the Brazilian market.”

The president of YPFB said in this regard that several opportunities open up for YPFB with the hydrocarbon coming from Vaca Muerta, contrary to what was said at the beginning in which it was seen as something bad. “(…) It is something outstanding, it is something that will (…) strengthen us and will allow us to bring gas to Brazil,” he said.