Bolivia's President, Luis Arce, announced a 1.7 trillion cubic meters natural gas discovery north of La Paz, the largest in two decades.

Bolivia's President, Luis Arce, announced a significant natural gas discovery north of La Paz, with an estimated 1.7 trillion cubic meters of gas. This "mega field" is the largest find in nearly two decades and could help bolster Bolivia's struggling economy and strengthen its position as a major gas exporter. The state-controlled energy company YPFB made the discovery through a $50 million investment.

July 15, 2024
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