Repsol in Bolivia

We have been in Bolivia since 1994 through our Upstream business.

Our activity in figures

3 million

oil barrels

13 million

barrels of oil equivalent in gas production

2,280 km2

of total surface area

 Repsol in Bolivia. Map of exploration in Bolivia
Caipipendi Block. Boyuy gas well

Noteworthy project

In 2016, the operating agreement for Caipipendi (site of the Margarita-Huacaya field), one of the largest gas blocks in the world, was extended for an additional 15 years, until 2046. The new plans for this energy project, one of the largest in Latin America, include the implementation of an exploration, development, and exploitation program in Boyuy and Boicobo Sur, to the south and north of Caipipendi.

Committed to growth

We create projects that foster community development, health, education, and productive development, and we conduct environmental studies in the Parque Nacional Aguarague area

Repsol in Bolivia. Repsol volunteers cooking and serving food

Bolivia: A meal, a future

The UN World Food Program (WFP) supports development projects that provide emergency food in the event of natural or man-made disasters. Through the Repsol Foundation, our Company develops nutrition education and school food projects in Bolivia for the most vulnerable individuals.

Repsol in Bolivia. Several people chatting on a plantation

Communities and local development

We have developed socio-environmental monitoring in four municipalities and five Guaraní district councils in Bolivia in order to contribute to economic and social development in our areas of influence. There is constant dialog between the company and the indigenous organization.

Image of mountainous terrain. Caipipendi Project.

Caipipendi project

We carried out historical monitoring of the area with images from 2010 to 2016, an EIA (environmental impact study), and a sensitivity index to verify the effectiveness of the mitigation measures applied. These actions demonstrate our commitment to the country and its biodiversity.

Repsol in Bolivia. Aerial view of a town beside a lake

Potable water

In collaboration with the Entre Ríos Municipality Government, we developed a project aimed at improving the quality of the drinking water service for more than 7,000 people in Isarzama in the Cochabamba district. This leads to reducing the risk of contracting stomach and intestinal diseases due to drinking and using water.

Contact

Santacruz - Oficina central
Address: Avda. Las Ramblas 100. Edificio ITC Tower Zona Noreste,
Barrio Equipetrol 1717
Santa Cruz de la Sierra, Bolivia

Last updated: December 2020