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Gas consumption is rocketing in Bolivia

October 3, 2007

SAEM – The government of President Evo Morales has been obliged to scale back gas exports to BG, which supplies São Paulo distributor Comgas, Cuiabá in Brazil and Argentina due to higher exports to Petrobras and rocketing domestic demand.

When speaking to government officials at the hydrocarbons ministry, it appears that soaring demand for gas by industry and motor vehicles has taken them by surprise.

Hydrocarbons association CBH published a forecast this week on how much industry and motor vehicles will consume gas to 2012.

Here’s the forecast: Gas consumption by cars will grow annually during 2007-12 by 23.53% and by 3.25% for industry. Bolivia’s vehicular gas sector is seen consuming by 2012 54.5MMcf/d versus 22.6MMcf/d in 2007. Industry is seen using 58.8MMcf/d from 49.3MMcf/d.

That’s a lot of gas for a country with such a small domestic gas sector!

(The article can be reprinted as long as permission is requested from etessieri@latamreport.com and the source is mentioned)

One Comment leave one →
  1. November 22, 2007 5:20 pm

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