YPFB completed the acquisition of 7.88% stake in TBG from Fluxys for $37.2m.

YPFB, a service company, dedicated to the transportation of hydrocarbons through pipelines from the different producing fields of the country to the different consumption centers of the national and export markets, completed the acquisition of 7.88% stake in Transportadora Brasileira Gasoduto Bolívia-Brasil, which owns and operates the Brazilian section of the Bolívia-Brazil pipeline, from Fluxys, a natural gas transmission system operating company, for $37.2m. "The purchase of 7.88% of the shares, with which, the share package of YPFB Transporte S.A. increases its participation to almost 20%, in TBG. This is important because from now on, the decisions of the majority shareholders will have to take into account the position of YPFB," Wilson Zelaya, YPFB Transporte Executive President.