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Montevideo, July 27th 2024 - 00:24 UTC

Tag: Luis Arce

  • Thursday, July 18th 2024 - 10:53 UTC

    Bolivia claims to have discovered a massive natural gas field

    President Luis Alberto Arce announced on X a massive discovery of a natural gas field, “the largest find in the country since 2005”.

    Bolivia’s President Luis Alberto Arce announced on X a massive discovery of a natural gas field, “the largest find in the country since 2005”. Bolivia’s state-owned hydrocarbons company YPFB described it as the biggest gas find in nearly two decades and could become the country’s third-largest producing field. 

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  • Wednesday, July 10th 2024 - 08:54 UTC

    Meeting between Lula and Arce signals new era of bilateral ties

    Arce told Lula that Bolivia wanted to join BRICS after entering Mercosur

    Brazilian President Luiz Inácio Lula da Silva told his Bolivian counterpart Luis Arce Catacora during their encounter in Santa Cruz de la Sierra that “there is no individual way out in South America,” Agencia Brasil reported. Both leaders agreed that the bilateral meeting spelled the beginning of a “new era” in bilateral ties now that Bolivia is a full member of the Southern Common Market (Mercosur). It was Lula's first trip to Bolivia during his third term in office while Arce has been to Brazil four times in the past 12 months.

  • Tuesday, July 9th 2024 - 10:16 UTC

    Lula lands in Bolivia with busy schedule ahead

    Presidents Lula and Arce had been earlier Monday in Asunción for the Mercosur Summit

    Brazilian President Luiz Inácio Lula da Silva landed in Santa Cruz de la Sierra on Monday evening straight from the 64th Mercosur Summit in Asunción with an entourage of some 100 businessmen from his country to explore opportunities in the new full regional bloc member.

  • Wednesday, July 3rd 2024 - 10:20 UTC

    Bolivia recalls ambassador from Buenos Aires

    La Paz also summoned Argentine ambassador Marcelo Massoni to express its “energetic rejection” of the Casa Rosada statements

    The Bolivian Government Tuesday summoned its ambassador from Buenos Aires for consultations following Casa Rosada's allegations that the June 26 attempted coup d'état in La Paz was staged by President Luis Arce Catacora to improve his dwindling public image.

  • Monday, July 1st 2024 - 10:30 UTC

    Bolivian President denies self-coup allegations

    “Don't side with fascism,” Arce told Morales on social media

    Bolivian President Luis Arce Catacora asked former head of state Evo Morales Ayma not to be gullible enough to believe the self-coup narrative allegedly promoted by fascist rightwing groups and insisted that what happened on June 26 was a failed attempt to overthrow him by force.

  • Wednesday, June 26th 2024 - 21:47 UTC

    Attempted coup d'état in Bolivia: Military rebels enter Government Headquarters

    Zúñiga, dismissed just a day before the coup attempt, had openly opposed the possibility of former president Evo Morales returning to power

    In a dramatic escalation of political tension in Bolivia, a faction of the military led by ousted Army Chief Juan José Zúñiga has forcefully entered the Palacio Quemado, the seat of government in La Paz. President Luis Arce has called on citizens to “mobilize against the coup d'état,” emphasizing the importance of defending democracy

  • Wednesday, June 12th 2024 - 14:21 UTC

    Bolivian President outlines scope of partnership with Russia

    University of St Petersburg experts will be moving to Bolivia to teach the language in a move to further strengthen ties between the two countries

    Bolivian President Luis Arce Catacora reviewed with his Russian colleague Vladimir Putin the joint lithium and nuclear projects with which the South American country consolidates its position from a geopolitical and strategic viewpoint given the presence of Iranian facilities and equipment. Arce told reporters in La Paz Tuesday that all these matters were discussed during his recent meeting with the Russian leader in St. Petersburg on the occasion of the International Economic Forum (SPIEF) in the former imperial capital.

  • Saturday, March 2nd 2024 - 10:40 UTC

    Strengthening Celac key to avoid return to colonial order, Bolivian president says

    Arce also met with his Brazilian colleague Luiz Inácio Lula da Silva to discuss the expansion of trade and investment in infrastructure and natural gas exploration in Bolivian territory

    Bolivian President Luis Arce Catacora said Friday in Kingstown (St. Vincent and the Grenadines), said that strengthening the Community of Latin American and Caribbean States (Celac) and every regional integration space was the only alternative to war to fend off any foreign interference seeking the return to the “already outlawed” colonial order. He made those remarks during his speech at the 8th Celac Summit.

  • 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.

  • 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.

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