«Gazprom» can increase production in Bolivia two times, Putin said

© RIA Novosti / Alexei Nikolskiye in potomacfever Putin. 13 Jun 2018«Gazprom» can increase production in Bolivia two times, Putin said© RIA Novosti / Alexei Nikolskiye the image Bank

«Gazprom» can increase production in Bolivia two times, the issue of the expansion of the company’s production, said Russian President Vladimir Putin meeting with President of Bolivia Evo Morales.

«Gazprom» is working on two fields, production and 2.5 billion cubic meters of gas. Now the issue of the extension of production which can be increased in two times», — Putin said, commenting on the possibility of expanding gas production in Bolivia.

Gazprom, in partnership with Total E&P Bolivie and TecPetrol de Bolivia participates in projects of development of perspective oil and gas areas «Ipati» and «Akio» on the territory of which commissioned in the field «Inca Wasi». Gazprom jointly with Total is also implementing a project for exploration of hydrocarbon deposits in the area, «ashoro».

In addition, in 2016, Gazprom and Yacimientos Petroliferos Fiscales Bolivianos (YPFB) signed an agreement to study prospective blocks «La Ceiba», «Waiakea and Madidi» in Bolivia.

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