Wednesday, 22 May 2013

Bolivia Oil and Gas Report Q3 2013

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Bolivia Oil and Gas Report Q3 2013
May 22nd 2013, 00:00

BMI View: While we continue to expect gas production to rise over much of our forecast period, from 2018we remain uncertain as to whether new production will be sufficient to offset declining volumes elsewhere.For now, we are pricing in a cautiously optimistic view on Bolivian gas production. We expect to seegrowth over the course of our forecast period to 2022 driven by new investment from foreign players. Yetour caution is underpinned by above-ground developments as well, with concerns regarding the country''sbusiness environment a persistent downside risk to our forecast. Although condensate volumes from gasproduction may support a surprise to the upside for liquid...

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