Paraguay consumed 28,000 bbl/d (4,500 m /d) of in 2006. It does not currently produce any. In February 2006, Paraguay's Public Works Ministry announced that oil had been discovered in the western by British oil company CDS Energy Services, though CDS stated that the reservoir was too tight to facilitate unassisted oil production. State-owned (Petropar) has a monopoly on all crude oil and petroleum product s.