After requiring 30.2 million cubic meters of gas at the beginning of the month, Brazilian demand oscillated between 24-26 million cubic meters in subsequent days falling as low as 21 million cubic meters last weekend, said industry sources.
It is expected that Bolivia will send an average of 24 million cubic meters of natural gas per day to Brazil, or the minimum amount stipulated in their bilateral contract.
Brazil needs less Bolivian gas because it is producing more natural gas at home and also has built two liquefied natural gas (LNG) re-gasification terminals in the country's northeast capable of receiving LNG from any part of the world.
Those plants were built partly in response to Bolivia's move in 2006 to nationalize its energy reserves and raise the price it charges Brazil for natural gas.
