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Home World Business

Bolivia set to increase natural gas exports in 2016

byCT Report
02/01/2016
in World Business
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SUCRE: Bolivia is the largest exporter of natural gas in South America, and aims to increase exports to boost the country’s economy this year.

Bolivia took the first steps on Friday to increase its liquefied natural gas exports in 2016, with further plans to continue to hike exports late this year, Prensa Latina reported.

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President Evo Morales has explained that LNG exports will increase dramatically in the first seven months of the year to boost the economy in the South American country.

“From the month of January we will start gas exports of 1.5 million cubic metres daily and from July we’ll take it to more than six million cubic metres to strengthen our economy,” Morales said in the eastern department of Santa Cruz on Thursday.

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