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Weekly Report - 03 July 2014 (WR-14-26)

TRACKING TRENDS

BOLIVIA | Natural gas and hydrocarbon production on the rise. Production of natural gas and liquid hydrocarbons (oil, crude and natural gasoline) in the first quarter of the year increased respectively by 7.54% and 9.76% over the same period last year, Bolivia’s state-owned energy firm, YPFB, revealed in a quarterly bulletin. The average daily production of natural gas between January and March 2014 was 61.38m cubic metres (mcm), whereas the average output of liquid hydrocarbons over the same period reached 63,650 barrels per day (bpd). The highest monthly average output for both products was registered in February, with 62.87mcm of natural gas and 65,310 bpd of liquid hydrocarbons produced. The most productive gas plants were those of Sábalo and Margarita-Huacaya, which accounted for the 31.1% and 23.4% of total production. The gas fields of Sábalo, Margarita-Huacaya and San Alberto also generated the majority of the liquid hydrocarbon production during the first quarter, accounting for 72.4% of the total.

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