GTB owns and operates the Bolivian portion of the Bolivia-to-Brazil Pipeline (BBPL), transporting natural gas from Station Rio Grande, Bolivia, to Station Mutun, Bolivia, at the Brazilian border, where the pipeline interconnects to Transportadora Brasileira Gasoduto Bolivia- Brasil SA, or TBG, the Brazilian portion of the BBPL. (See fact sheet for Transportadora Brasiliera Gasoducto Bolivia-Brasil S.A., or TBG, regarding the Brazilian portion of the BBPL.) The majority of GTB's revenues are from YPFB, the Bolivian state-owned oil and gas company, under its current long-term contracts for firm capacity and gas transportation services. All tariff charges associated with the gas shipped by GTB under its transportation agreements with YPFB are paid for directly by Petrobras, the Brazilian state-owned oil and gas company, under direct payment agreements with GTB. GTB is a regulated public service in Bolivia since it operates under a concession granted by the Bolivian Hydrocarbons Superintendency. The YPFB contracts account for the majority of capacity currently available on the GTB pipeline. GTB's contracts with Petrobras and YPFB are "ship-or-pay" contracts that require Petrobras to pay substantially all of the amounts due under the contracts as capacity payments regardless of whether YPFB and Petrobras actually ship gas through the pipeline. Petrobras and YPFB have preferred treatment on the GTB pipeline relative to other shippers. Contact GTB: GTB Doble via La Guardia Km 7. 1/2 Santa Cruz - Bolivia +591-3-352-0600 www.gtb.com.bo
Last update: August 2010 | |