28 April 2011

BOLIVIA : Evo Claims New Total Nat Gas Find Adds 30% To Reserves.

BLOOMBERG/

   Last year, some geologists slashed Bolivia's estimated nat gas reserves.
   Today, France's Total claims it has found new nat gas deposits in the Aquio field that boost Bolivia's reserves by 30%...some 6.5 million cubic meters a day... when it begins operating in 2015 possibly reaching 18 million cubic meters by 2020.
   It's Bolivia's biggest discovery biggest since Morales became president in 2006.
   Bolivia's total gas reserves could now equal some 13 trillion cubic meters.
   Nat gas is Bolivia's top export responsible for $1.7 billion in income in 2010.