Bolivia forecasts decline in gas sales revenue

The fall in the international price of oil caused by coronavirus will have negative consequences in Bolivia, as the country depends on 60% of the revenue from the sale of natural gas and the price of gas indexes to the cost of oil. The addendum to be signed by YPFB and Petrobras envisages a reduction in export volumes by 35%. According to the Public Accountability Report of the Ministry of Hydrocarbons, oil revenues between January and November 2019 reached $1.84 billion.

Source: Los Tiempos