Bolivia Bolivia To Continue Downward Trend In Natural Gas Production Over 2020

摘要

The collapse of crude oil and petroleum product prices will weigh on natural gas production in Bolivia. We have revised our dry natural gas production forecast for 2020 to 15.44bcm, a decline of 5.6% y-o-y based on falling domestic demand and expected lower exports to Brazil and Argentina. A possible slowdown in natural gas infrastructure projects in Brazil and Argentina would support steady demand for Bolivian gas, which will help counter declines in natural gas exports over the medium term.