Petrobras Extends Gas Import Deal With Bolivian Company To Fuel Its Thermoelectric Plant In Brazil

Currently, YPFB supplies 2.24 million cubic feet of natural gas per day to the thermoelectric plant in Brazil?s centerwest city of Cuiaba under a contract that is set to expire on August 31. The extended gas supply contract will allow Petrobras to compensate for dwindling output from drought-stricken hydroelectric power plants in Brazil.
Source: Markets