(Energy Analytics Institute, Ian Silverman, 11.Sep.2013) – Gas To Liquid International (GTLI) is in the process of returning four exploration areas to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).
There are 104 areas reserved for YPFB, reported La Razon, citing YPFB President Carlos Villegas. Of these areas, 53 have been designated for exploration activities while 51 are available for new contracts. Of the 104 areas, 76% have potential less than or equal to 0.5 Tcf, 17% have potential between 0.5-1 Tcf, and 7% have potential above 1 Tcf, YPFB said.
***