Economy

The government announced signs of significant gas reserves

There are signs of significant gas reserves in the geological formation of Huamampampa in the regions of Santa Cruz, Chuquisaca and Tarija, announced the government. Hydrocarbons Minister, Luis Alberto Sánchez, said that after having exceeded the 7,800 meters of drilling there are strong indications of the existence of a “sea of gas”. However, oil and gas analysts warned that at that depth the results of production tests should be expected to determine profitability.

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Source: El Deber

Categories:Economy