The president of the state-run YPFB, Herland Soliz, announced that the company will begin exploration for unconventional hydrocarbons in the Miraflores area of the department of Chuquisaca. He added that there is a great possibility of finding a reservoir with a potential higher than 400 TCF.
Beer was the main alcoholic beverage imported in 2019 with $11.6 million, according to a report by the Bolivian Institute of Foreign Trade (IBCE) with data from the National Institute of Statistics (INE). Beer imports were followed by rum (US$8 million) and whiskey (US$4.5 million).
Research conducted by DigiTimes Research estimates that shipments of Chinese-made laptops will fall between 29% and 36% worldwide during the first quarter of 2020 due to the outbreak of coronavirus and its effects on factories in the Asian giant.
About 114,028 companies are engaged in commercial activity, employing 790,000 people, according to the National Institute of Statistics (INE). According to official data, the sector has grown by 4.68% in 2019.
Lithium prices in the international market fell from $16,500 MT in 2018 to $10,500 MT in 2019, due to the oversupply. Despite the drop, new lithium projects in the region are developing and so is the technology for its exploitation. In Mexico, a 100,000 hectare project is being developed in Sonora, and a fund created by Bill Gates invested in Lilac Solutions, to develop sustainable methods for lithium extraction.