Repsol has opened the expansion of the Margarita gas processing plant in the Tarija department, in the south of Bolivia. This project allows the plant’s output to increase to a current gas production of 14 mcm/d (5.11 bcm/year), equivalent to almost 15% of Spain’s gas demand. The Caipipendi Consortium responsible for this project is operated by Repsol (37.5%), partnered by BG (37.5%) and PAE E&P (25%). The Spanish company Técnicas Reunidas, together with the Bolivian companies Inesco and Bolinter, carried out the expansion of this plant.
The development plan for the Margarita-Huacaya area, with a total investment of US$640m, is one of key growth projects in Repsol’s 2012-2016 Strategic Plan. The expansion of the Margarita gas processing plant is part of this project, now in its final phase. The current phase of the project includes four new wells, two of which (Margarita 5 and 6) have already been completed. The first is already producing, and in the next few weeks gas tests will be carried out in the second.