Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, December 22nd 2024 - 06:03 UTC

Tag: YPFB

  • Thursday, November 28th 2024 - 10:45 UTC

    Bolivia highlights gas pumping deal as a source of hard currency

    “We are estimating more than 10 million dollars per month,” Montenegro said

    Bolivia will be collecting some US$ 120 million yearly for allowing Argentine gas from Vaca Muerta through to Brazil, Economy Minister Marcelo Montenegro explained Wednesday during a press conference in which he highlighted the importance of Tuesday's agreement to bringing fresh foreign currency into the country's coffers in addition to its strategic nature in a regional context riddled with energy challenges.

  • Wednesday, November 27th 2024 - 10:00 UTC

    YPFB okays Argentina pumping gas to Brazil through Bolivia

    The agreement with Argentina's Total Energies and Brazil's Grupo Matrix Energía “represents a crucial step,” Dorgathen said

    Bolivia's State-run Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) agreed to allow Argentina to pump gas to Brazil through the existing pipeline, company President Armin Dorgathen announced Tuesday during the International Forum on Hydrocarbons, Fertilizers, Renewable and Alternative Energies in Santa Cruz de la Sierra. “We will promote the efficient flow of gas between Argentina and Brazil, taking advantage of existing infrastructure and strengthening regional cooperation,” he said.

  • Monday, October 7th 2024 - 08:53 UTC

    Bolivia unloads fuel in Arica where classes are suspended after hydrocarbons smelled in water

    No link has been corroborated between the unloading of fuel for Bolivia and the smelling presence of hydrocarbons in Arica's water

    The Chilean port of Arica saw 236,000 barrels of fuel unloaded for Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) while the city prepares for two days with no on-site classes as the local drinking water has been deemed unfit for human consumption given its hydrocarbon odor.

  • Monday, July 29th 2024 - 07:56 UTC

    Land shipments of diesel awaited in Bolivia amid supply crisis

    Bolivia's oil company YPFB announced Sunday that with the arrival of at least 50,000 cubic meters of diesel from Brazil and Paraguay this week, the fuel shortage would be solved for the time being to meet domestic demand. The State-run organization explained that the supply problems stemmed from bad weather at the Chilean port of Arica, which prevented the unloading of fuel from four ships.

  • 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.

  • Wednesday, February 1st 2023 - 10:26 UTC

    Fears Bolivia could run out of gas in a few years because of lack of investments

    Given the situation, Brazil's oil giant Petrobras has accelerated the completion of Route 3 of the pre-salt gas pipeline and is looking for alternatives such as Argentina

    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.

  • Saturday, May 28th 2022 - 10:10 UTC

    Bolivia to import diesel to relief drivers in the west

    Dorgathen said the situation was normal in the country's east

    Bolivia's state-run oil company YPFB will import 2.5 million liters of diesel fuel from Chile to reverse the current shortage, it was announced.

  • Wednesday, May 25th 2022 - 09:38 UTC

    Bolivia diverts LNG to Argentina and leaves Brazil 7 million cm short per day

    As of May, Bolivians have increased gas exports to Argentina to 14 million cubic meters per day, from the previous level of 8 to 10 million cubic meters per day

    Bolivia is diverting natural gas to Argentina, and unexpectedly has reduced the supply to Petrobras by 30% this month, catching the state-owned company off guard. As a result, Petrobras experienced a loss of more or less than 7 million cubic meters of gas per day. YPFB, the Bolivian state company, had been supplying Petrobras with approximately 20 million cubic meters per day.

  • Wednesday, May 25th 2022 - 03:31 UTC

    Bolsonaro angry at YPFB for selling Argentina the gas that was for Brazil

    Unhappy Brazilians forced to pay a higher price for cooking gas will end up voting for you know whom, Bolsonaro feared

    Brazilian President Jair Bolsonaro complained that Bolivia's state-owned oil company Yacimientos Petróliferos Fiscales Bolivianos (YPFB) funneled 30% of the gas that was to be sold to Brazil and sent it to Argentina as a part of an “orchestrated plan” against him and added Petrobras was behind it.

  • Saturday, April 2nd 2022 - 09:45 UTC

    Bolivia and Argentina postpone decision on gas supply contract

    This winter is going to be hard because Bolivia does not have the capacity to deliver the 14 MMm3/day that it delivered to the country last year, Aranguren explained

    Bolivia's Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) and Integración Energética Argentina Sociedad Anónima (IEASA) agreed to postpone the decision on a sixth addendum to the contract for the supply of natural gas for yet another month, according to a YPFB statement relesed Friday. Negotiations had been previously extended for two months, which ended on March 31.

Previous