Tag: YPFB

• 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.

• Saturday, May 28th 2022 - 10:10 UTC

  Bolivia to import diesel to relief drivers in the west

  

  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

  

  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

  

  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

  

  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.

• Wednesday, March 30th 2022 - 09:53 UTC

  Gas: Bolivia advised to renegotiate with Brazil and sell more to Argentina

  

  While the Bolivian state-run YPFB is yet to report on any progress regarding payment conditions with Brazil for gas sales or the signing of the sixth addendum to the export contract with Argentina, hydrocarbon analysts have insisted on the need to roundup these negotiations given the current situation stemming from Russia's invasion of Ukraine.

• Thursday, January 27th 2022 - 19:50 UTC

  Bolivia's gas output problems spells collapse for Argentine reserves

  

  Just when the deal between IEASA and Bolivia's YPFB for the supply of gas is about to end (Jan. 31), Argentina has been offered 35% less for the winter compared to previous years, it was reported.

• Wednesday, May 26th 2021 - 08:30 UTC

  Bolivia's economy grows 5.3% in between January and April 2021

  

  Economic activity in Bolivia has grown 5.3% from January to April 2021, according to The Global Index of Economic Activity (IGAE), Economy Minister Marcelo Montenegro announced Tuesday.

• Monday, April 26th 2021 - 08:38 UTC

  Bolivia's YPFB eyes oil income of US $ 1,900 million for this year

  

  Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) CEO Wilson Zelaya announced the state-run company projected an oil income above 1,900 million US dollars for the year 2021, which would represent a 35% growth compared to 2020.

• Monday, January 25th 2021 - 08:23 UTC

  Bolivia announces new biodiesel production plan

  

  Bolivia will build ecological diesel and biodiesel plants to reduce imports of liquid fuels, Hydrocarbon and Energy Minister Franklin Molina announced over this past weekend.