Natural gas exports fell by 28 per cent in 2020 due to the drop in hydrocarbon prices caused by the Covid-19 pandemic. According to data from the Bolivian Institute of Foreign Trade (IBCE), between January and November 2020 the country received $1.86 billion for the export of 8.28 million kilos of hydrocarbons. The value is 29% of the $2.6 billion received in 2019 for the export of 8.35 million kilos. In this context, the export outlook is uncertain for 2021, given the resurgence of the disease.
Day: Jan 7, 2021
Bolivia closes 2020 with 0.67% inflation
In December 2020, the Consumer Price Index (CPI) recorded a positive change of 0.22 per cent compared to November, while the cumulative 1-month change was 0.67 per cent. The incremental change was mainly due to higher prices in health and education.
Anapo estimates that the country could generate $1.2 bn from value-added soybean exports
With international soybean prices at over $500 per ton, the Association of Oilseed and Wheat Producers (Anapo), sees favourable prospects for producers and the opportunity to get a fair price for their production, $420 per ton in Santa Cruz. Anapo estimates that the country can generate about $1.2 billion in exports of value-added products such as soybean oil and cake, representing a 50% increase over the value of exports in recent years.
Since the 2010 addendum, gas sales to Argentina dropped by up to 45%
Since the first addendum signed with Integración Energética Argentina SA (Ieasa, formerly Enarsa Argentina) in March 2010, gas sales to that country have fallen by up to 45%. According to the contract signed in 2006, Bolivia should export at least 23.5 billion cubic metres this year; however, with the fifth addendum, the volume of shipments reduced to 13.8 billion cubic metres.
The government pays $22.2 mn debt to Doppelmayr
The government paid the Doppelmayr company a debt of $22.2 million and the Austrian firm withdrew the arbitration case it had filed against the state-owned company Mi Teleférico.
