This Entire Region Is Now Shaping Up As The World’s Top Natural Gas Play

2 Nov 2016   Argentina

I’ve been writing over the last several months about the world’s top natural gas play — the growing demand center of Argentina. And this week, things got even tighter in terms of supply here. Making the entire region more attractive for producers. That became apparent from a critical piece of news emerging over the weekend in Argentina’s neighbor to the northwest: Bolivia. Where lifeline exports of natgas into the Argentinean market are apparently dwindling fast. Local papers in Bolivia reported that state energy firm YPFB failed to meet natgas export commitments this past July. With sources quoting Bolivian Vice President Alvaro Garcia Linera as saying that shipments to Argentina for that month totalled just 15.4 million cubic meters per day — at least 23% lower than the volumes of 19.9 to 23.4 million cubic meters that YPFB is contractually obligated to provide. So what’s causing Bolivia to […]

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