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Bolivia s YPFB s $159 Million Boost for 2024 Oil Exploration

Bolivia s YPFB s $159 Million Boost for 2024 Oil Exploration
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YPFB finds new gas reservoir

Bolivian authorities have reported that the state-run oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) had discovered a new gas field in the Okinawa area after recent studies in the Remanso-X1 (RMS-X1) well. The new reservoir will generate approximately US$ 5 billion in gas, it was explained. It will also contribute to savings in fuel purchases of US$1 billion, according to YPFB.

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