Tag: Bolivia

Wednesday, July 26th 2023 - 10:42 UTC
Bolivian gas production and exports forecasted to drop dramatically by 2030

Bolivia may shift from being an exporter of natural gas to Brazil and Argentina to becoming an importer by 2030. A report by British energy consultancy Wood Mackenzie indicates that Bolivia’s natural gas production will decline faster than expected. The reason is the aging of the country’s production fields and the absence of new discoveries.
Wednesday, July 26th 2023 - 09:57 UTC
Bolivia says nothing to worry about after military deal with Iran

Bolivian Defense Minister Edmundo Novillo Tuesday blamed the “extreme right” for Argentina's protest regarding a scientific and military agreement between La Paz and Tehran. Novillo insisted that Buenos Aires' reaction was an “exaggeration” and a “political show” ahead of this year's elections following Foreign Minister Santiago Cafiero's request for an explanation.
Thursday, July 6th 2023 - 10:23 UTC
Argentina forecasted to stop buying Bolivian gas next year

Argentina's Ambassador to Bolivia Ariel Basteiro Wednesday said his country might stop buying gas from Bolivia's YPFB as of 2024 due to new pipelines from Vaca Muerta, it was reported.
Wednesday, July 5th 2023 - 10:32 UTC
Bolivian leader in favor of switching from US dollars to yuan

Luis Arce Catacora, president of Bolivia, a Mercosur associate nation that has long been trying to become a full member of the bloc, said Tuesday during the 62nd Summit in Puerto Iguazú (Argentina) that it was time we “move[d] away from the [US] dollar to base ourselves on the [Chinese] yuan and strengthen our own currencies.”
Friday, June 30th 2023 - 10:32 UTC
Bolivia signs lithium production deals with Russian, Chinese companies

Bolivia's state-owned company Yacimientos de Litio Bolivianos (YLB) Thursday signed two separate agreements whereby Chinese and Russian companies will invest over US$1.4 billion to build two industrial complexes for the production of lithium carbonate, it was reported in La Paz.
Tuesday, June 20th 2023 - 10:28 UTC
Bolivia pumping nearly half the gas it used to sell to Argentina

Bolivia pumped last month nearly half the gas it used to send to Argentina in May of 2022 due to output problems as demand increases due to cold weather, it was reported by El Deber citing data from the Departmental Center for Monitoring and Control of Hydrocarbons of the Santa Cruz Government and the Ministry of Hydrocarbons and Energy.
Tuesday, May 2nd 2023 - 10:15 UTC
Bolivia finds new oil well, President Arce announces

Bolivian President Luis Arce Catacora Monday announced the discovery of the YOPE-X1 hydrocarbon well in the municipality of Yapacani, in the department of Santa Cruz, it was reported.
Friday, February 24th 2023 - 10:19 UTC
Colombia to endorse Bolivia's bid to remove coca from list of banned substances

The Colombian government of leftwing President Gustavo Petro announced it will endorse Bolivia's request before the United Nations (UN) for the declassification of the coca leaf as a narcotic drug, it was reported.
Tuesday, February 7th 2023 - 10:22 UTC
Emergency in Brazil as avian flu outbreak reported in neighboring Bolivia; poultry exports total US$ 9,7billion

After two decades, the highly pathogenic (when almost all infected animals show symptoms of the disease) avian flu has become a real threat to Brazilian flocks and production. Nine countries in Central and South America have confirmed 75 outbreaks of the disease in recent months and have already had to sacrifice 1.2 million birds.
Wednesday, February 1st 2023 - 10:26 UTC
Fears Bolivia could run out of gas in a few years because of lack of investments

The Bolivian government has rejected predictions that the country will cease to be an exporter of natural gas and become a net importer by 2030. The government has said it has plans to invest some US$ 325 million in exploration and extraction in new wells by the country's hydrocarbons company, YPFB, Yacimientos Petroliferos Federales de Bolivia.