What’s the future of Bolivia upstream?

Bolivia is among South America’s largest producers of natural gas, and the sector is crucial for its economy. But with steep production declines and the lack of investments in both mature field redevelopment and exploration campaigns, the country will face some challenges over the coming years. Domestic demand may outpace production in this decade, putting export volumes to Brazil and Argentina at risk. What alternatives does Bolivia have to overcome the declining production, and how realistic are they?