Bolivia: Russian Minister Novak signs 6 oil and gas memorandums with Bolivia

Russian Energy Minister Alexander Novak attended a press conference to share the results of his participation in the 4th Gas Exporting Countries Forum [GECF] in Santa Cruz, Thursday. During the conference Mikhail Likhachev, director general of Gazprom, and Oscar Javier Barriga Arteaga, executive president of Yacimientos Petroliferos Fiscales Bolivianos (YPFB), signed a Memorandum of Intent to set... Еще up a joint venture between the countries. «We are considering cooperation in the field of gasoline engine fuel, delivering Russian automotive equipment that will use this gasoline, and of course cooperation in financing these very promising projects,» the Russian minister said. Other memorandums were signed regarding the project of Modernisation of the Bolivia Oil and Gas General Development Scheme until 2040 and technical partnership with the Bolivian YPFB Chaco in the field of geological exploration. Overall, six memorandums were signed between Bolivia and Russia.

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