|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Bolivia

Drilling Begins at Natural Gas Field in Southern Bolivia

LA PAZ – The Bolivian subsidiary of Royal Dutch Shell initiated drilling on Monday at a site in the Andean nation that is thought to hold 1.8 trillion cubic feet of natural gas, the government said.

The $109 million that Shell Bolivia committed to the project includes funding for projects to aid communities in the vicinity of the Jaguar X6 well in the southern province of Chuquisaca, Bolivian state oil company YPFB said in a statement.

Shell’s goal is to begin production in December, according to Bolivian President Evo Morales, who was present for the start of drilling.

The gas deposit was discovered in 2016 at a depth of 4,429 m (14,551 ft) and construction of the drilling infrastructure got under way last year with a crew of 382 people, 70 percent of them hired locally, YPFB said.

Jaguar X6 is Shell’s first venture in the Huacareta bloc, which extends over parts of Chuquisaca and neighboring Tarija province.

Natural gas is Bolivia’s main export and Bolivian gas has become vital to the economies of Argentina and Brazil.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved