Today marked the start of commercial production from the Incahuasi field in Bolivia. Incahuasi is one of the largest active gas and condensate fields in Bolivia. Its recoverable reserves are currently estimated at 70.8 Bcm of gas and 4.8 MMt of gas condensate. The field’s first production stage has seen the construction of three wells, a comprehensive gas treatment unit with a daily output of 6.9 million cubic meters, an in-field pipeline system, and an integrated production control system. A 100-km gas pipeline has been built to connect Incahuasi to the Bolivian trunkline system.
The field is already producing gas, with the daily output expected to reach 6.5 million cubic meters by year’s end. Gas from Incahuasi is supplied to the domestic market and is planned to be exported to Argentina and Brazil.
“The launch of the Incahuasi field is a landmark event for the energy industries of Bolivia and South America at large. Together with our Bolivian partners, we are pushing forward the continent’s most advanced and cutting-edge industry, which, in its turn, serves as a powerful driver for the country’s economy,” Alexey Miller, chairman of the Gazprom Management Committee, said.Miller has highlighted the strong prospects for Russian-Bolivian cooperation in the NGV market. “I hope that our cooperation will contribute to the social, economic and environmental well-being of Bolivia in the foreseeable future,” Miller said.