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.
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.
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.
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.
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.
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.
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.
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.
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.
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.