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Montevideo, December 19th 2024 - 17:11 UTC

Tag: Bolivia

  • Tuesday, September 5th 2023 - 10:30 UTC

    Populist Bolivia running out of natural gas reserves; northern Argentina supply also threatened

    “We have hit rock bottom,” president Arce said in a speech in the city of Oruro, leaving regions without gas export funds to face social welfare outlays

    Bolivian president Luis Arce, announced on September 1st. that the country’s natural gas reserves have been depleted, and exports to Argentina and Brazil will be interrupted, leaving a massive hole in the economy of the country.

  • Wednesday, August 9th 2023 - 10:31 UTC

    Eight Amazon countries sign Belem Declaration

    The document expressed the urgent need to avoid the so-called “point of no return” in the Amazon

    Brazil, Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela Tuesday signed the Belém Declaration on the opening day of the Amazon Cooperation Treaty Organization (ACTO) Summit in the Brazilian State of Pará, Agencia Brasil reported.

  • Tuesday, August 8th 2023 - 10:19 UTC

    Regional leaders convening in Brazil to prevent rainforest destruction

    “We have two presidents who arrive with strong commitments: Colombia's president talking about zero oil, and Lula talking about zero deforestation,” Silva added

    Leaders from Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela, which make up the Amazon Cooperation Treaty Organization (ACTO) are to convene Tuesday and Wednesday in Belém, the capital of the Brazilian state of Pará to discuss a new development model to put an end to the cycle of destruction that is devastating the largest tropical forest on the planet.

  • Monday, August 7th 2023 - 10:33 UTC

    YPFB finds new gas reservoir

    “These results will allow us to classify it as the discoverer of a new hydrocarbon field with estimated resources of 0.7 trillion cubic feet of gas and 52 million barrels of liquids,” Arce said

    Bolivian authorities have reported that the state-run oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) had discovered a new gas field in the Okinawa area after recent studies in the Remanso-X1 (RMS-X1) well. The new reservoir will generate approximately US$ 5 billion in gas, it was explained. It will also contribute to savings in fuel purchases of US$1 billion, according to YPFB.

  • Friday, August 4th 2023 - 10:23 UTC

    Narcotraficker Sebastián Marset threatens Uruguayan and Bolivian journalists using a Falklands' chip phone

    The same number had been used before by the narcotrafficker to communicate with Telenoche in August 2022 when he sent a series of videos denying his involvement in the assassination of Marcelo Pecci

    Uruguayan news outlet Telenoche (Canal 4) received a chilling threat signed by the elusive Uruguayan drug lord, Sebastián Marset, who remains a fugitive from justice, as the reporters announced during their Wednesday 5 broadcast. The text, sent via WhatsApp at 10:47 PM on Tuesday, 4th, bore a clear warning: “Hello. If you continue making articles about me, there will be consequences. I am Marset.” Accompanying this chilling statement was a photo featuring 24 Glock pistol magazines arranged meticulously in a box.

  • Tuesday, August 1st 2023 - 10:30 UTC

    Bolivia announces end of Covid-19 emergency

    Wearing face masks will be voluntary as of August, although their use in closed spaces and health centers to avoid respiratory infections, Arce explained.

    Bolivia is shifting from a sanitary emergency to an epidemiological alert regarding Covid-19, it was reported Monday in La Paz. “Today Bolivia leaves behind the international sanitary emergency and enters a national epidemiological alert,” President Luis Arce Catacora announced on social networks.

  • Thursday, July 27th 2023 - 10:41 UTC

    Bolivia and Paraguay take steps toward improving bilateral trade

    The document seeks to boost economic growth in the region

    The Bolivian-Paraguayan Chamber and Paraguay's Industry Ministry signed a Memorandum of Understanding (MOU) in Asunción toward strengthening ties and promoting industry and trade between the two countries, it was reported Wednesday.

  • Wednesday, July 26th 2023 - 10:42 UTC

    Bolivian gas production and exports forecasted to drop dramatically by 2030

    According to Wood Mackenzie, Bolivia’s natural gas production is expected to fall from 39 million cubic meters per day in 2022 to 11 million cubic meters/day in 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

    Novillo ruled out any “warlike” actions and “threats” and claimed he was part of a “pacifist government”

    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

    The President Néstor Kirchner gas pipeline with Vaca Muerta will be operational shortly, Basteiro explained

    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.