In 2000, we made great strides in our globalization process. Our presence in Latin America was one of the keys to the company’s growth. We became one of Venezuela's leading private companies in hydrocarbon production and received authorization from the Libyan National Oil Company (NOC) to develop block A of the Murzuq basin. In September 2001, alongside SAMO S.R.L, Repsol YPF Gas Bolivia was created. Since the company announced new discoveries in Libya, Spain, Argentina, Venezuela, Bolivia and Indonesia, we decided to develop, through Gas Natural SDG, the generation and commercialization of the electric business.
2001 was the first full year since the acquisition of YPF and Gas Natural SDG of global integration consolidation. The company took on a more international and balanced business structure. We made agreements with Cuba, Chile, Argentina, Colombia, and Venezuela during this same year, and we acquired 45% of Lipigas, leader in the Chilean LPG market, and closed agreements with BP for the purchase of assets in Trinidad and Tobago.
In 2003, we tripled our hydrocarbon production and reserves in Trinidad and Tobago, after increasing our stake in BPTT gas reserves from 10% to 13%. We started the third train of liquefaction of natural gas in the Atlantic LNG plant, and the Trinidad and Tobago government approved the construction of a fourth train.
In Russia, we bought 10% of West Siberian Resources to have an interest in projects in the country and we signed an agreement in principle with Gazprom to carry out joint projects in Europe, Latin America, Africa, and Russia. We also acquired 28% of Shenzi, one of the largest oil fields in the Gulf Coast of the United States.
In Venezuela, since we elevated our stake in the Quiamare La Ceiba Block to 75%, our production has increased to 3,900 barrels per day. A record for ethylene production was broken in Spain, our presence in Algeria strengthened, and we became the first international company to participate in the development and production of hydrocarbons in Mexico, with a contract for the Reynosa-Monterrey gas block