On natural gas, Brazil expressed intent to increase imports from Bolivia, aiming to expand Bolivian gas exploration and production projects. Petrobras continues to play a significant role, currently operating about a quarter of Bolivia’s gas output, supporting both countries’ industrial sectors. Bolivia is preparing a new Hydrocarbons Law to better regulate and attract private investment in this sphere. The agreed initiatives also encompass cooperation in biocombustibles, including plans for a technical seminar in 2026 to share best practices. Bolivia is advancing its participation in the Belén 4X Commitment to promote sustainable fuel use.
The bilateral agenda extends to fertilizer production involving urea, ammonia, and sodium chloride, alongside broader petrochemical and agro-industrial opportunities. Both governments highlighted advancing sovereign and competitive involvement in critical minerals, especially lithium, through technology partnerships and public-private collaborations crucial for the global energy transition. These developments are accompanied by Brazil’s commitment to supporting renewable energy production and reducing dependence on fossil fuel imports, targeting diversified and decarbonized energy matrices.
This integrated strategy marks a significant shift toward deeper regional energy cooperation, with implications for infrastructure investment, market expansion, and strategic resource management between Bolivia and Brazil.
This article was curated and published as part of our South American energy market coverage.
