RIO DE JANEIRO, BRAZIL – Petrobras has received about 30% less natural gas than contracted with YPFB, the Bolivian state-owned company. According to sources, the Brazilian state-owned company’s average import was around 20 million cubic meters of gas.
The reduction has caused an impact on the company’s operational planning, Petrobras told Reuters. In a statement, the oil company also said it is taking the appropriate measures for YPFB to comply with the legal contract.
“This 30% reduction was not foreseen and implies the need to import additional volumes of Liquefied Natural Gas to meet Petrobras’ supply commitments,” it said in a statement.