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2014-03-27 08:11:00

BOLIVIA'S US$3B

BOLIVIA'S US$3B

BNA. Investment in Bolivia's hydrocarbon sector is set to skyrocket this year with local capital expenditures reaching US$3.03bn, up from US$1.835bn in 2013, according to the CEO of national oil and gas firm YPFB.

YPFB will invest 60% of 2014 Bolivia capex, with private sector players picking up the remaining 40%, said CEO Carlos Villegas at the regional oil and gas conference LatinVE&P in Lima.

PRODUCTION

This significant increase in capex will drive a projected natural gas production of 64.8Mm3/d,…

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