Energy giant plans to invest 2 billion U.S. dollars in Bolivia

According to Norway's "Upstream Online" December 8th, La Paz reported that the Bolivian government here today said that the internationally renowned energy giants Spain Repsol YPF, British Natural Gas Group, France's Total and other internationally renowned energy companies plan In the next five years, it will invest more than two billion U.S. dollars in four natural gas fields in Bolivia.

The Bolivian government said in a statement issued by e-mail today that Repsol, British Natural Gas Group and Pan American Energy will jointly invest $1.3 billion in the Margarita field and the Huacava field by 2014.

In another statement, the Bolivian government stated that the Bolivian National Oil Company, Repsol, Petrobras and French Total will jointly invest 750 million U.S. dollars in the San Alberto Gas Field and the San Antonio Gas Field by 2014.

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