Gazprom Helps Bolivia to Export LNG

Russia?s gas monopoly Gazprom is considering investments of around $2 billion in Bolivia?s recently nationalized gas industry, Bolivia?s state energy company Yacimientos Petroliferos Fiscales Bolivianos's head said on Wednesday.

Gazprom is looking to build gas separation plants and pipelines to help export liquefied natural gas as well as explore for gas in new and abandoned fields, said Jorge Alvarado.

He added that in a few weeks, Gazprom experts will visit Bolivia again to do further investigation.

?In Russia we have the longest pipeline in the world which allows us to supply three neighboring East European countries and this experience and length of experience can be applied to Bolivian interests,? said Vladimir Kulikov, Russia?s ambassador to Bolivia at the news conference.