One of the largest gas blocks in the world

Repsol will multiply sevenfold its production in Bolivias Caipipendi block

Press Release 26/11/2009 00:00
  • Repsol's Chairman, Antonio Brufau, and Bolivia’s President, Evo Morales, reached an agreement to develop this block with resources of 3.7 Tcf (equivalent to three years of Spanish gas demand).
  • Antonio Brufau and Evo Morales emphasised the atmosphere of mutual understanding and cooperation in one of Latina America’s biggest energy projects.
  • Repsol will raise its gas production sevenfold to reach a daily production of 14 million cubic meters in 2013. 
  • The company will invest 400 million euros in developing Caipipendi until 2013.
  • The Caipipendi block includes the Margarita and Huacaya fields, the latter being one of the five largest gas discoveries worldwide in 2008.

26 November 2009 - 09:00 CET | PDF | 106.35 KB