On Indigenous territories in Bolivia that have secured property rights, deforestation rates are 2.8 times lower than outside of them. Such lands cover 20% of the country's territory, so the contribution of Indigenous peoples in Bolivia to fighting climate change is substantial. Source: Phys
Bolivia negotiates a new addendum to the natural gas export contract with Argentina with a fixed delivery volume of 10 million cubic meters per day (MMmcd) that allows sufficient amount of gas to meet domestic demand and commitments contracts for exports. Domestic gas production reaches 54 MMmcd, which distributed as follows: 14 MMmcd - household consumption, 30 MMmcd – export to Brazil and 10 MMmcd – shipping to Argentina.
The national government will invest over the next three years, $650 million for hydrocarbon exploration in the department of Chuquisaca. There are three exploratory wells: Sipotindi X1, Boycobo South X1 and Ñancahuazú X1, which belong to the Azero block. The wells of Ñancahuazú and Boyicobo have prospects of exceeding the trillion cubic feet (TCF), Sipotindi expects 0.33 TCF.
he relocation of the Ammonia and Urea Plant could cost $500 million, and the assembly could take up to two years, according to the calculation of industry experts, who asked the Government to do different studies to assess other options to reactivate it.