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  HOME | Bolivia

New Bolivia Gas Milestone Achieved at Repsol-Operated Block

MARGARITA GAS PLANT, Bolivia – Bolivian President Evo Morales and the chairman of Spanish multinational energy company Repsol said Tuesday that output at the Margarita-Huacaya natural gas block had risen to 19 million cubic meters per day, nearly a third of the nation’s total production of that hydrocarbon.

Morales and Antonio Brufau made the announcement during a visit to the Margarita gas processing plant in the southern Bolivian province of Tarija, which accounts for the majority of the nation’s natural gas production.

Margarita-Huacaya, a mega-field that straddles Tarija and Chuquisaca provinces, can now supply more than 19 million cubic meters (670 million cubic feet) per day of natural gas for domestic and foreign markets, Brufau said, noting that production had risen from 18 million cmd in May.

He said work carried out by Repsol and partners British Gas and Anglo-Argentine firm Pan American Energy had resolved technical “bottlenecks” and made Margarita-Huacaya “the biggest-producing block in Bolivian history.”

Brufau also predicted that output would rise to 20 million cmd (a third of total Bolivian production of 60 million cmd) in the short term.

Bolivia exports natural gas from the Margarita-Huacaya block, primarily to Brazil and Argentina.

 

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