Introduction

Bolivia and Brazil are stepping forward to develop new joint-strategies for creating a sustainable gas market. After building a major trans-boundary gas pipeline, the so-called GASBOL, through which Brazil should import a total of up to 30 million cubic meters per day of Bolivian gas, is not being completely utilized. Governments from both countries have "surprisingly" realized that there is not a sustainable market for Bolivian natural gas in Brazil for that amount of volume. From 2000 to 2004, Brazil built about 7 GW gas-firing power generators, which were supposed to ...