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Petrobras (PBR) Eyes Expansion of Bolivia's Gas Investments
PBRPetrobras(PBR) ZACKS·2024-07-11 18:46

Petrobras (PBR) , the largest integrated energy company in Brazil, is eyeing an expansion of its investments in Bolivia's natural gas sector. According to Magda Chambriard, CEO of Petrobras, this ambitious plan hinges on Bolivia's ability to increase its gas exports to Brazil at competitive prices to meet the growing domestic demand from industry. Historical Context Chambriard has outlined ambitious plans for increasing Bolivian gas production. PBR aims to grow its Bolivian gas output from 9 million cmd to ...