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Bolivia: British Gas, Petrobras to explore for gas

Bolivia: British Gas, Petrobras to explore for gas

British Gas and Brazilian energy company Petrobras have won bids to explore for natural gas in Bolivia.
Bolivia nationalized its energy industry in 2006 but has also been seeking more foreign investment to help tap its vast reserves.
Bolivia's state energy company YPFB announced in a statement on its website on Sunday that the British and Brazilian companies had been awarded areas to explore for gas.
It said their investments would help boost exploration efforts in Bolivia, but it didn't give details about the planned investments or the terms.


Updated : 2021-06-25 03:07 GMT+08:00