Bolivia allows private firm to explore oil reserves

https://english.peopledaily.com.cn/90001/90777/90852/7424396.html

A private Bolivian company has gained permission for exploration in three oil reserves in eastern Bolivia, officials said.

Under a series of contracts inked Tuesday with state-run oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB), the private-hold Pluspetrol Bolivia Corporation would be able to conduct research activities in Florida, Taputa and Arenales reserves located in Bolivia's eastern province of Santa Cruz.