RIO DE JANEIRO, May 26 (Reuters) - Petrobras Bolivia SA, a
unit of the Brazilian state-run oil company, has had its
accounts blocked by a Bolivian court amid a dispute with a
family over the ownership of land in one of its main gas fields
there, two sources told Reuters.
Last month, a court ruled that Petrobras and its partners in
the area had to pay $61.14 million to the family of Maria del
Rosario Vacaflor Lahore, who claims ownership of part of the
area where the San Alberto oil field is, according to court
documents seen by Reuters.
Petroleo Brasileiro, as the company is formally
known, appealed the decision. The case is now before the Sucre
Agro-Environmental Court, which will issue a final ruling on the
matter, according to the sources, who spoke on condition of
Petrobras did not immediately comment on the matter. Reuters
phoned the Vacaflor Lahore family and their lawyers, but
received no response. It was not possible to reach the court for
San Alberto together with San Antonio are the two main
gas-producing fields of Petrobras in Bolivia and send an
important part of their production to Brazil.
The dispute comes as Petrobras has reduced its demand for
Bolivian gas, due to the growth in production in Brazil. It also
comes as Petrobras seeks a buyer for its stake in Transportadora
Gasoduto Bolivia-Brasil (TBG), which owns and operates the
Brazilian section of the Gasbol gas pipeline.
The San Alberto field produced an average of 2.69 million
cubic meters of gas per day in 2020. It is operated by
Petrobras, with a 35% interest, along with YPFB Andina - a joint
venture between Bolivia's YPFB, Spain's Repsol and
(Editing by Gabriel Stargardter
Additional reporting by Daniel Ramos in La Paz; Editing by David