Bolivian President Luis Arce delivers a speech during the celebration of the Plurinational State of Bolivia, at the Casa Grande del Pueblo government palace in La Paz, on January 22, 2022.
LA PAZ — Bolivian President Luis Arce announced Saturday the discovery of major new reserves of natural gas that officials said could eventually bring in $260 million a year. The discovery was made in the “Margarita-10” well, operated by Spanish company Repsol in the huge Margarita-Huacaya field. One of the country’s main natural gas reservoirs, it covers parts of the southern Chuquisaca and Tarija regions.The well is expected to produce 300 billion to 350 billion cubic feet of natural gas, Arce said in the Andean city of Oruro.
Time to Give Bolivia some DEMOCRACY!