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Article: Argentina Haggles Over Bolivian Gas Price as Crisis Looms.(Argentina negotiates with neighboring Bolivia over gas price)
- Article from:
- The Oil Daily
- Article date:
- December 17, 2004
CopyrightCOPYRIGHT 2004 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Argentina is negotiating with neighboring Bolivia on the price it will pay to import natural gas next year to avoid shortages similar to those of 2004. But experts warn that additional gas supplies may not be enough to prevent an energy crisis of serious proportions in 2005.
Government officials from both countries who met this week in Buenos Aires failed to agree on the price that Argentina will pay for the 230 million cubic feet per day of gas it will import from Bolivia next year.
Argentina is now paying $1.60 per million Btu for Bolivian gas. However, the Andean nation is reportedly asking for $2/MMBtu for next year's sales, a price Argentine ...
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