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Article: Bolivia : Total to start up Itau field next year.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
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Byline: pinto03
France's Total (NYSE: TOT) next year plans to start production from the Itau gas field in Bolivia, CFO Patrick de la Chevardiere announced Wednesday during the company's third quarter results presentation.
In August, Total announced it filed a declaration of commerciality with Bolivian authorities for the field, which is expected to produce 1.4Mm3/d.
Itau was discovered in 1999 in block XX Tarija Oeste and is operated by Total with 75% equity, while UK major BG (LSE: BG) holds 25%.
REGIONAL OUTPUT
Combined liquids and gas output from Total's South ...