
Argentina has begun re-evaluating one of its biggest trade relationships with Bolivia. On Feb. 19, Argentine Secretary of Energy Planning Daniel Redondo said that Buenos Aires was interested in changing its natural gas contract with Bolivia so the amount it received would be determined by the time of the year. Currently, Bolivia sends a flat amount of natural gas to Argentina year-round, meaning it gets less than it needs in the winter, when demand is highest, and much more than it requires during other seasons, when demand is lower. Argentina has also been attracting foreign investment in the development of its own shale gas reserves, and the country is actually set to begin exporting to Chile as soon as summer 2019. Indeed, Redondo confirmed that Argentina will be able to meet its domestic natural gas demand for all non-winter seasons by 2021.