The Bolivian government approved a project for an approximately 250 km gas pipeline connecting Bolivia with Peru. The announcement came from President of Yacimientos Petroliferos Fiscales Bolivianos(YPFB) Christian Inchauste, who explained that the natural gas pipeline would have a capacity of 16 million cubic metres daily and will make it possible to demand in that region. The project will be completed within 2017 and receive funding of more than 450 million USD.