Bolivia's Natural Gas Reserves Now On Political Firing Line

First, the good news. Bolivia has South America's second largest proven natural gas reserve, totaling approximately 24 trillion cubic feet (tcf), according to the U.S. Geological Survey. Of this, 85 percent is located in the Tarija region. Bolivia is on schedule to produce 52 million cubic meters of natural gas per day beginning in April, according to Bolivia’s state-owned oil and natural gas company Yacimientos Petrolíferos Fiscales Bolivianos SA (Bolivian Oil Company, or YPFB). YPFB-Andina CEO Jorge Ortiz said that the San Antonio…

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