Reactivation of urea plant will take one year and cost $20 mn

Almost three months after the national government's announcement to carry out a diagnosis of the situation of the urea and ammonia plant to put it into operation, no progress made. The plant needs to repair the turbocompressor, ventilation towers, boilers, water intake and start-up generators. The work is estimated to take at least a year and cost a minimum of $20 million.

BoA revenues fall 54%

The pandemic seriously affected the state-owned airline Boliviana de Aviación (BoA). In 2020, its revenues fell by 54 per cent compared to 2019. The state intends to reactivate the airline with a loan.

Government reports ethanol production fell by 32% in 2020, but YPFB defaulted on purchase target

The production of anhydrous alcohol, the additive is mixed with superior gasoline, fell by 32% in 2020, a year marked by the stoppage of activities resulting from the pandemic. However, the sugar cane sector, which supplies the raw material, points out that the production of anhydrous alcohol did not fall, but rather that there was a failure by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) to withdraw the agreed volumes.