Russia's Gazprom says output at Bolivian field to double by mid-2019
9/23/2016
Photo courtesy of Gazprom.
(Reuters) Russian gas giant Gazprom plans to double gas production at Bolivia's Incahuasi field to 13 MMcmd by mid-2019, Interfax cited the company's Chief Executive Officer Alexei Miller as saying on Thursday.
Gazprom develops the field jointly with France's Total, Argentina's Tecpetrol and Bolivia's YPFB Chaco.
Miller also said total investments of the companies into the first phase of the field's development stood at around $1.5 B, while investments in the second phase were seen at $740 MM.
Reporting by Vladimir Soldatkin; Editing by Alexander Winning
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