Bolivia: new gas plant to export fuel to Argentina

Posted on April 27, 2012 • Filed under: Argentina, Bolivia, Business

A real paradox. The president of Bolivia, Evo Morales, will open next May 1 the second gas processing plant of Repsol Margarita field, whose production is destined to Argentina. In the official ceremony, the President will be accompanied by the owner of the oil company, Antonio Brufau, officials said.

Note that the Bolivian government announced in January that would increase in 2012 shipments of gas to the Argentine market, reaching 11.6 million cubic meters per day, thanks to the new plant of Margarita, whose inauguration was scheduled before Argentina announced, on 16 April, Repsol expropriation of most of its shares on the local oil company YPF. Read Article

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