Bolivia Unveils Largest Natural Gas Find Since 2005

Discovery of 1.7 trillion cubic meters of gas aims to rejuvenate struggling economy and boost exports.

President Luis Arce announced the discovery of the Mayaya X-1 gas field north of La Paz.
The new field holds an estimated market value of $6.8 billion.
This find is expected to reverse Bolivia's declining gas production and economic challenges.
The state-owned YPFB invested $50 million in the discovery.
Bolivia's gas reserves were last reported at 8.7 trillion cubic meters in 2019.