US Senate passes bill toughening anti-Russia sanctionsWorld July 28, 3:10
Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
LA PAZ, March 6. /TASS/. Gazprom may take part in natural gas production on new areas in Bolivia for its supply to thermal power plants, Bolivia’s Minister of Hydrocarbons and Energy Luis Alberto Sanchez said on Sunday.
"We particularly talked about the possibility of broadening exploration and gas production in our country with the help of Gazprom during the visit of Mr. Miller [Gazprom CEO - TASS] to Bolivia. We reached certain understanding that this gas to be produced with Gazprom’s help may be supplied to certain thermal power plants. We will work on that in coming weeks. Development of new areas will make possible to deliver gas to thermal power plants," the minister said.
Bolivia is working with Gazprom on increase of reserves and higher production of hydrocarbons, Sanchez said. If production grows, these resources will be largely exported to neighboring nations, he added.
"Certainly, global prices affected our industry, especially since we are exporting gas. However, we try to export processing products such as liquefied petroleum gas now instead of pure natural gas. We will start exporting liquefied natural gas in coming weeks and will begin exporting fertilizers and plastics in next months," the minister said.
Bolivia ready to offer a vast portfolio of possible hydroelectric power engineering projects to Russian companies, Luiz Alberto Sanchez said.
"We will soon offer a vast portfolio of possible projects in the hydroelectric power engineering sector to Russian companies and will invite them to come here with investments or with some service offers," he said.
The minister noted that energy consumption in the country is on the rise. "We have big reserves, we generate a lot of energy. We make big investments in the hydroelectric power engineering sector. If we expect to have a surplus of about 2,500 megawatt by 2020, the figure will go up to some 10,000 megawatt by 2025," Sanchez said.