Energy
Key Facts
—The announcement. Bolivia’s hydrocarbons minister Marcelo Blanco said technical working groups with Petrobras open next week, covering exploration, production, transport, refining and marketing.
—Not a return. Petrobras already operates in Bolivia, taking part in San Alberto, San Antonio, Itaú and the San Telmo Norte exploration area, all under service contracts with the state firm YPFB.
—The awkward part. Two other areas it works, Colpa and Caranda in Santa Cruz, are in the process of being handed back to YPFB.
