Brazil, Argentina and Bolivia decide to harmonize energy policies of the three countries

The presidents of Brazil, Argentina, and Bolivia met in Buenos Aires on the 23rd to discuss coordinated energy strategies among the three South American nations. The leaders agreed to form a ministerial working group aimed at aligning their energy policies and supporting sustained economic growth across the region. During a press conference following the summit, Argentine Foreign Minister Tayana confirmed that the three heads of state emphasized the importance of collaboration in energy matters. The working group will focus on managing energy demand fluctuations, exploring alternative energy sources, and addressing natural gas export volumes between the countries. Prior to the presidential meeting, senior energy officials from all three nations held a preparatory session. Argentina’s Planning Minister Julio de Vito, Bolivia’s Energy Minister Carlos Billegas, and Brazil’s Energy and Mining Minister Silas Rondo discussed key issues such as winter energy demand in Brazil and Argentina, and how Bolivia can maintain its natural gas exports to both countries. Currently, both Brazil and Argentina rely on Bolivian natural gas imports. Brazil receives between 27 to 29 million cubic meters daily, while Argentina gets 2.5 to 3 million cubic meters per day. A bilateral agreement signed last year between Argentina and Bolivia stipulates that Bolivia should supply 7 million cubic meters of natural gas to Argentina daily this year. This collaboration marks a significant step toward regional energy integration, aiming to enhance energy security and reduce dependency on external suppliers. Analysts believe the initiative could also strengthen political and economic ties among the three South American nations.

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