Bolivia’s Tarija Gas Region To Generate $2.7 Billion Through 2025

(Energy Analytics Institute, Ian Silverman, 14.Apr.2019) — Bolivia’s Tarija department is forecast to generate natural gas revenues of $2.7 billion through the end of 2025, Bolivia’s Information Agency (ABI) reported April 14.

During 2006 and 2018, Tarija department generated estimated oil and gas revenues of $5 billion, ABI reported, citing the country’s Hydrocarbon Minister Luis Alberto Sánchez.

Tarija holds the bulk of Bolivia’s gas reserves and is the department that generates the most economic benefits for the country. The department holds 6 trillion cubic feet (Tcf) of Bolivia’s total 10.7 Tcf of proven gas reserves.

Bolivia’s state oil and gas entity YPFB, Beicip Franlab and other oil and gas companies have identified 13 exploration projects with potential to boost the land-locked country’s gas reserves over the short-to-medium term:

Los Monos X12,

Chaco Este X1,

Chaco Este X2,

Boyuy X2,

Aguaragüe Centro X1,

Astillero X1,

Boyuy X3,

Domo Oso X1,

Domo Tarija X1,

Iñiguazu X5,

Margarita Profundo,

Villamontes X7, and

Jaguar X6.

*** © Energy Analytics Institute (EAI)

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