Shell cleared to bring Bolivian gas to Brazil and Trafigura to import LNG

Shell, which had already secured approval to import LNG from several countries last week, has now been given the go-ahead to import Bolivian gas in total volumes of up to 14 million cubic meters daily.

RIO DE JANEIRO, BRAZIL - A unit of Anglo-Dutch Shell has been authorized by the Brazilian government to import Bolivian gas to supply the domestic market, while a Trafigura group company has been granted approval to import liquefied natural gas (LNG) from several locations.

The authorizations, published by the Ministry of Mines and Energy in Monday's Federal Gazette, are effective until mid-2024 and come shortly after Congress passed a bill that aims to establish a new legal framework for the gas sector in Brazil, with the goal of increasing competition in the industry.

The regulatory reform, which now . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?