Argentina To Replace LNG Imports With Cheaper Bolivian Gas

From Petroleum World

Argentina expects to save $227 million for the remainder of 2012 and next year by increasing Bolivian natural gas purchases to replace a portion of its liquefied natural gas imports, the Planning Ministry said.

The country inked a deal with Bolivia Wednesday to increase gas imports by pipeline by 20% to 16.3 million cubic meters/d in the second half of the year, up from 13.6 million cu m/d in first-half 2012.

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