YPFB confirms that there is a decrease in natural gas production

At a press conference this Monday night, Dorgathen stated that “What the president (Luis Arce) wants to show is transparent management and we are being transparent. We want to be transparent with the population. “There is a decrease in the production of natural gas.”

Arce made the revelation in the municipality of Sapahaqui, in the department of La Paz, during the inauguration of the XX ordinary congress of the Single Departmental Federation of Indigenous Peasant Women Originating from La Paz “Bartolina Sisa”, who are preparing to attend the congress of the MORE in the city of El Alto.

“There is so much to do, but today we don’t have the money we had before. The gas has run out, “We are just doing explorations again to see if there is more gas,” said Arce.

According to the executive president, during the best times the country “produced at some point 60,000,000 cubic meters. Today we have 40,000,000 cubic meters and this is because we understand, Gas reservoirs are like balloons, when the balloon is full it will have greater force, we cannot remove the air from the balloon and we will feel that it comes out with much more pressure, with more force, that is what happened, our reservoirs were new and as time passes the deposits lose that strength, that pressure, therefore that flow or that volume of natural gas that can be produced.”

For Dorgathen, this drop “comes several years ago, it is important to mention that we have sufficient resources, we have a production of around 40,000,000 cubic meters per day, the consumption of domestic market is between 12 to 13,000,000 cubic meters per day, which is why we have quite large exportable balances,” he explained.

He also stressed that one should not think “that Bolivia is going to import natural gas, etc., etc., it is not something real, it is not something realistic”.

However, according to the executive president of YPFB, this situation is reversible. “Doing exploration, this should have been done many years ago, at least seven years ago; 2014, 2015. But, it was not donethe exploratory projects were not started.”

Given this situation, “we are doing it and we are going to show this in different episodes. We are going to do it for weeks; Next week we are going to take a trip to the north of the countrywhich is one of the wells that we are currently executing, testing,” he said.