Bolivia Signs Supply Agreements With Russian Company Acron in Brazil

YPFB, Bolivia's state-owned energy company, sealed an agreement to supply gas to the units of Russian fertilizer giant Acron in Brazil, both parties said Thursday, opening a potentially significant new market for the South American country.

RIO DE JANEIRO, BRAZIL - The Bolivian state-owned oil and gas company YPFB has agreed to sell 2.2 million cubic meters of natural gas a day to the Russian company for a period of 20 years, starting in 2023.

"Today we are building a new market for Bolivian gas," said Luis Alberto Sánchez, Bolivia's Hydrocarbons Minister.

The government also agreed with Acron to establish a company to sell urea in Brazil. Acron is one of the largest fertilizer producers in the world and supplies urea to Brazilian farmers.

In addition, YPFB will also hold a twelve percent . . .

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