Bolivia seals USD 1.6 billion gas deals that will boost output by the early 2020s

摘要

Bolivia’s state-owned energy company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) has concluded two separate gas development contracts which could see output boosted by 21 MMcf/d by the early 2020s, helping the country meet the rising gas demand of its neighbours. The announcement of the deals concluded with Repsol, Shell, Pan American Energy (PAE) and Petrobras was made by President Evo Morales on the sidelines of a meeting by the Gas Exporting Countries Forum (GEFC), which kicked off this week in the Bolivia’s Santa Cruz province.YPFB’s deals are expected to draw a reported USD 1.6 billion in investment, according to reports.