Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) CEO Oscar Barriga announced Monday that the state company will export 4,000 tons of liquefied petroleum gas (LPG) to Paraguay.
Executives of Brazilian state oil company Petrobras and Bolivian counterpart YPFB signed this week a contract for a US$1.2 billion natural-gas exploration venture in southern Bolivia. Bolivian President Evo Morales and Brazil's minister of mines and energy, Fernando Coelho Filho, traveled to Bolivia's eastern city of Santa Cruz for the signing ceremony.
Bolivia's export 6.3 % higher than despite drop in gas volumes. Economic growth, foreign investment continue
President Evo Morales to coordinate operations with company executive in the meantime. Vice President Garcia Linera makes the announcement regarding 'Comrade' Villegas
Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.
Bolivia has fallen from second to sixth place in the ranking of largest holder of proven natural gas reserves in South America, with Peru behind Venezuela as the two leading countries, admitted a Bolivian Hydrocarbons Association, or CBH, report.
Bolivia's state-owned oil company YPF Bolivianos said this week that it has signed oil and gas exploration agreements with Brazil's Petrobras and Spain's Repsol.
President Evo Morales’ government has offered to reimburse 100% of the cost of successful exploratory drilling in Bolivia by private oil and natural gas companies, state-owned energy company YPFB announced this week.
Bolivia plans to invest 1.73 billion US dollars in the energy industry in 2011, focusing on gas to ensure adequate production to supply Argentina and Brazil, as well as the domestic market, the head of state-owned oil company YPFB, Carlos Villegas, said.