The companies had previously agreed to a 60-day extension that lapsed this week and now aim to establish an export price within the new extension.
YPFB does not foresee another extension to the negotiations, a company spokesperson told BNamericas.
The Morales administration has said the export price to Brazil of US$3.6/MBTU is too low, while Petrobras has maintained that Brazilian consumers would not accept an increase.
By comparison, Henry Hub gas prices are above US$5/MBTU as is Bolivia's newly negotiated gas export price to Argentina.
Brazil imports some 24Mm3/d from Bolivia through the B2B pipeline.
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