Petrobras, YPFB Chaco to Invest $1.2 Bln in Exploration
Posted by Eric HaunNovember 7, 2016
Brazil's state-run oil firm Petroleo Brasileiro SA and Bolivia's state-run YPFB Chaco signed a $1.2 billion agreement to explore two natural gas fields with potential reserves of 4 trillion cubic feet, the Bolivian government said on Monday.
The fields are Astilleros and San Telmo, in southern Bolivia.
(Reporting by Daniel Ramos; Writing by Caroline Stauffer)