Work Group Meetings on the Bolivian Projects
18 and 19 May saw the online meetings of the work groups on the Bolivian projects involving representatives from Gazprom PJSC, Gazprom EP International, and Bolivia’s Yacimientos Petroliferos Fiscales Bolivianos (YPFB).
At the meetings, the partners discussed a set of issues related to the current and future projects, update of the Masterplan for the development of the Bolivian gas industry until 2040, and cooperation in personnel training.
The participants followed up on the progress of operations within the Ipati and Aquio blocks in southern Bolivia and agreed to continue the joint efforts to improve the project economics.
The sides also intend to revitalize the work on personnel development, trainings, workshops, educational programs, and internships using the expertise and resources of Gazprom International Training.
Background
In Bolivia, Gazprom PJSC is represented by Gazprom EP International. The Branch Office of GP Exploración y Producción S.L. is based in Santa Cruz de la Sierra.
2018 saw the signing by Gazprom and YPFB of an Agreement on Strategic Association shaping the intercompany cooperation in exploration, gas production, and hydrocarbon transmission in Bolivia; the development of the national oil-and-gas transport infrastructure and the NGV market; exchange of best practices and personnel training; as well as cooperation in science and technology.
In partnership with TotalEnergies (50%, project operator), Tecpetrol S.A. (20%), and YPFB (10%), Gazprom participates in the development of the Ipati and Aquio oil and gas blocks where the Incahuasi-Aquio field was discovered. Produced hydrocarbons go to both the domestic market and Argentina and Brazil.
Enlarged photo (JPG, 667 KB)