President Evo Morales officially announced the discovery of two new gas wells in Chuquisaca and Tarija, the new reserves Margarita 7 and 8 generate five million cubic meters per day (mm3d) for export .
“And we are now informing the Bolivian people, last week we were in Margarita 8 and announce that we will increase (production), we will incorporate export 2 Mm3d, President of Repsol now here informs us (Margarita 7 course) will be incorporating three mm3d are five mm3d export, once planned the corresponding export, “said the President since Caipipendi block in the department Chuquisacam, with the president of Bolivia Repsol, Antonio Brufau.
With regard to Margarita well reached a depth of 6000 meters, confirming the presence of gas in the exploratory objective Huamampampa H3. Together, the different reservoirs have a production of at least three million cubic meters of gas, said a statement from Repsol. Ded the well drilling began in September 2013 and concluded in March this year. When you are ready to enter into production, will cost 113 million dollars.
The President said that with the nationalization of hydrocarbons investments increased and that the next step is industrialization.
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