Cosan’s Edge Imports Argentine Gas to Brazil Using Bolivian Pipeline
(Reuters) — Edge, a firm under Brazilian conglomerate Cosan, has imported Argentine natural gas into Brazil through Bolivia for the first time, said the firm on Wednesday.
The operation took place in partnership with Argentina's Tecpetrol, which produces 25 million cubic meters of gas per day in the country. Neither firm disclosed the volumes involved.
The operation follows the first import of its kind by Brazil, also using Bolivian infrastructure. Earlier this month, TotalEnergies exported gas from Argentina's Vaca Muerta shale formation to Brazil's Matrix Energia.
Both operations took advantage of existing gas pipeline infrastructure between the three countries, raising hopes that Brazil could start to receive increasing volumes from Argentina as the country develops Vaca Muerta.
"There is a huge opportunity, and transport capacity expansions are underway - and being planned - that will allow us to supply all our neighboring countries competitively and safely," Tecpetrol's CEO Ricardo Markous said in a statement, citing Vaca Muerta's potential.
The gas brought from Argentina will form part of Edge's supply portfolio, which operates in gas trading and also with infrastructure and logistics projects in the segment.
Related News
Related News
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- New Alternatives for Noise Reduction in Gas Pipelines
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
Comments