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BG and Repsol in Bolivia advance
■ British energy company BG Group said yesterday it and Spanish partner Repsol had started production from the first phase of their Margarita gas field in Bolivia, yielding the companies net production of around 17,000 barrels of oil equivalent per day (boepd) each. Gas producer BG said it was working on a second phase that would lift its share of output to around 42,000 boepd by the close of 2014. It has a 37.5 per cent interest in the Caipipendi block, which contains the Margarita gas field, while Repsol’s Bolivian unit also owned 37.5 per cent.