Day: Oct 17, 2019

Gas revenues fell by 58% and Bolivia, from $3.5billion to $1.5billion

Bolivia’s gas revenues have reduced by 58% from 2013 to 2019, according to data from the Ministry of Economy. En 2013, revenues reached $3.5billion while by 2019 the will be around $1.5billion. Economists identify several causes for the drop: from the fluctuation of oil prices to a fall in natural gas production and the reduction of the demand in the main export markets (Brazil and Argentina).