After the uncertainty about whether or not Bolivia would agree to sell gas to Argentina, finally this Thursday President Alberto Fernandez and his counterpart Luis Arce agreed on the provision of gas for 2022 and, within the framework of a joint declaration on energy, they reported which will be 14 million cubic meters per day. The meeting was at the Casa Rosada.

In addition, it was established that the possibility of additional volumes during the winter months remains open. As reported, it was agreed “to advance in the consolidation of the bilateral energy agenda, which entails, among other points, guaranteeing the supply of gas in significant volumes for the current administration.”

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The presidents of Argentina and Bolivia agreed on the importance of “carrying out concurrent actions so that the Natural Gas Purchase Agreement between YPFB and IEASA reflects a new guaranteed delivery regime of 14 MMmcd and prioritizing additional volumes based on availability in the winter period, and the cessation of rights and obligations before the 2025 administration, for which purpose they commissioned the Ministries and responsible entities to finalize the corresponding documents”.

In addition, the presidents agreed “to advance in the analysis of investment opportunities for YPFB in Vaca Muerta and to work jointly in the identification of alternatives for the supply of liquid hydrocarbons in pursuit of the energy security of both States.”

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