LA PAZ, March 26 (NNN-Prensa Latina) — President Evo Morales announced that the state-run Bolivian Tax Oil Fields (YPFB) plans to include in 2019 about four million cubic meters per day of natural gas into the domestic market, and comply with exports to Brazil and Argentina.
Local media highlighted Morales’ speech in Bolivia TV channel ‘El Pueblo es Noticia’ program, when he recalled that upon taking office, the production was 30 million cubic meters per day, a figure that currently amounts to 60 million.
He highlighted the YPFB investments in exploration areas, development of fields and exploitation that recovered the productive fall to 56 million cubic meters per day in recent years, Cambio newspaper reported.
The President confirmed the project to build a petrochemical plant in Tarija, an investment estimated at 2.2 billion dollars, one of the challenges to industrialize gas.
A methanol plant and another one of urea mixed with other products will be also built.
About 1.450 billion dollars will be invested in this management in the Bolivian hydrocarbons chain, mainly in the exploration of new reserves, according to YPFB data. — NNN-PRENSA LATINA