News broke last week that France's Total has made a "major" gas discovery in Bolivia. The find, however, is tempered by YPFB's April 8 announcement of the results of a reserves study by U.S. company Ryder Scott. The study significantly downgraded the size of Bolivia's proven natural-gas reserves to 9.94 trillion cubic feet (TCF). How significant is the new Total find? How will the new estimate affect the country's goal to be a significant regional energy hub? How important are hydrocarbons for the future of the Bolivian economy? What is the government doing right to promote the sector and where is it off the mark? Experts discuss what they think about this topic.
Copyright © 2011, Inter-American Dialogue, used with permission from the publishers
Inter-American Dialogue's Latin American Energy Advisor. "Can Bolivia Become a Regional Energy Hub?." (2001). http://digitalrepository.unm.edu/la_energy_dialog/183