The State-run Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is advancing efforts to find an international partner to develop the Mayaya Centro gas field in La Paz, which has been deemed one of 2024’s top ten global discoveries in the sector.
Add your comment!Bolivian President Luis Arce Catacora Wednesday underscored his country's advancements in nuclear technology, spotlighting the development of the Radiobiology and Radioecology Laboratory in El Alto as part of the Center for Research and Development in Nuclear Technology (Cidtn).
Argentina began exporting natural gas to Brazil for the first time through the infrastructure of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), it was reported Tuesday.
Despite a ruling from Bolivia's Plurinational Constitutional Tribunal (TCP) banning him due to reelection limits, former President Evo Morales (2006-19) is pushing forward with his bid for the Aug. 17 elections. He has yet to explain how he plans to overcome the legal barriers to his candidacy and has already admitted he does not have a Plan B.
Bolivian President Luis Arce Catacora admitted Friday that his country imported 90% of the fuel it consumed at a cost of around US$ 3 billion annually, a significant adjustment from US$ 1.5 billion in 2019. Given the rise in smuggling and the scarcity of hard foreign currency, the crisis seems to have entered some loop. Reducing public sector vehicle use and prioritizing fuel for essential services may not be enough to meet national fuel demand. What country is going to put up with this? he wondered.
Former Foreign Minister Diego Pary (2018-19), who resigned as Bolivia's permanent representative to the United Nations (UN) last year, has said that his country has lost its voting rights within the global organization due to unpaid membership dues for the 2024-2025 term, amounting roughly to US$ 780,000.
Bolivian President Luis Arce Catacora announced Wednesday in a broadcast message a set of ten measures adopted by his government to tackle the fuel shortage affecting his country.
The Bolivian department of Santa Cruz is experiencing a crisis caused by a severe diesel shortage, which has led to blockades and threats of strikes. Farmers in Concepción and Yapacaní have blocked key highways connecting Santa Cruz with other regions, protesting the lack of fuel that threatens their summer harvest of crops like soybeans, corn, and rice. These blockades have disrupted trade routes and prompted warnings of further protests in other towns like San Carlos and Portachuelo.
Bolivia's Vice Minister of Communication Gabriela Alcón said this week that spreading misinformation about lithium contracts would result in delays to the mineral's industrialization in her country. She also underlined the importance of transparent communication about the documents currently being negotiated, which are beneficial for the state and involve a small portion of the nation's salt flats. Contracts with Russia's Uranium One Group and China's CBC from Hong Kong are expected to yield significant amounts of lithium carbonate, with investments totaling over US$ 2 billion.
Yacimientos de Litio Bolivianos (YLB) Legal Manager Pablo Nina warned Tuesday that the Chinese company Hong Kong CBC has three years to extract a mineral with 99.5% purity and 80% recovery in the raw material processing or face the dismantling of its two battery-grade lithium carbonate production plants in the Uyuni salt flat and leave the country.