Bolivia says Gazprom, Total to invest $4.5 bln
Published: 18 Sep 2008 17:16:07 PSTLA PAZ, Sept 18 - Bolivia said on Thursday that Russia's Gazprom and France's Total had committed to invest $4.5 billion in a natural gas project that aims to produce up to 26 million cubic meters per day.
The two companies signed an agreement with Bolivia's state energy company YPFB.
"We are pleased to announce a crucial signal for the energy sector today, with this alliance between Gazprom, Total and YPFB," YPFB President Santos Ramirez said in televised remarks, without giving details on the project's time frame.
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