23 February 2008 00:13 [Source: ICIS news]
HOUSTON (ICIS news)--Brazil’s state-run Petrobras cannot spare any Bolivian natural gas to fill a potential supply shortfall in Argentina this year, company President Jose Sergio Gabrielli said on Friday.
The comments came amid talks by heads of state and other officials about the region’s near-term energy scenario and a scarcity of gas to meet demand.
Natural gas is used as petrochemical feedstock in Argentina and Brazil, although ?xml:namespace>
Gabrielli said it would be “impossible” to give up any of its natural gas imports from
Petrobras purchases gas from
Argentina faces an estimated shortfall of some 2m-3m m³/day from its requested total take of 8m m³/day, whereas Brazil is fully utilising its imports from Bolivia of about 31m m³/day, industry sources said.
“Petrobras is disposed toward, together with
Gabrielli was in
Brazilian Foreign Minister Celso Amorim also avoided making any commitments to
Amorim, who heads the delegation for talks with
Bolivian President Evo Morales will join the talks on Saturday and the conversations will focus on natural gas.
(Additional reporting by George Martin)
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