Bolivia signs agreement with Petrobras and other oil companies

Bolivia signed with Petrobras, Repsol and Shell an agreement for the realization of the production and exploitation project of natural gas, equivalent to about US $1.6 billion investments. The information is from Bolivian President Evo Morales.

The project will involve the blocks in the areas of Iniguazu, San Telmo and Astillo, which has a society of Bolivian YPFB. Petrobras is leading the consortium of San Telmo and Astiller, while Repsol and Shell divide the consortium of Iniguazu.

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