Mineral industry of Paraguay | Wikipedia audio article
Channel: wikipedia tts
Date: 03/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Mineral_industry_of_Paraguay


00:00:59 1 Production
00:01:20 2 Structure of the Mineral Industry
00:02:25 3 Commodities
00:02:34 3.1 Iron and Steel
00:03:16 3.2 Cement
00:04:28 3.3 Natural gas
00:06:59 3.4 Petroleum
00:08:46 4 Outlook



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SUMMARY
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The mineral industry of Paraguay includes the production of cement, iron and steel, and petroleum derivatives. Paraguay has no known natural gas or oil reserves. To meet its crude oil and petroleum products demand, Paraguay relies completely on results of approximately 25,400 barrels per day (4,040 m3/d) (bbl/d) (2006 est.). The mining sector contributes little to the country's economy, accounting for only 0.1% of its gross domestic production (GDP).Paraguay's tax exemptions on imports of equipment for natural gas and petroleum exploration, development, and production are expected to continue in the medium and long terms. Cement, natural gas, and petroleum investors have shown interest in the country, which could support continued economic growth and foreign direct investment (FDI) in new technologies well into the next decade.