Repsol to invest $1 bln in Bolivian gas fields

Spanish giant Repsol will invest around $1 billion until 2021 to explore gas fields in southern Bolivia.
By Staff reporter 15 June 2017 0 26393

Spanish giant Repsol will invest around $1 billion until 2021 to explore gas fields in southern Bolivia, the company’s Chief Executive Antonio Brufau said after a meeting with Bolivian President Evo Morales on Wednesday.

Around $500 million will be invested to maintain gas production in the Margarita-Huacaya field, while $350-500 million will be spent on three new exploration wells in the Boyui and Iguasu fields, Brufau said.

Talk to us
Natural Gas Daily welcomes your comments. Email us at comments@interfax.co.uk.