Category: Economy

Information regarding Bolivia’s productive sector and the country’s macroeconomy.

YPFB invested $US38 million in household gas

Bolivian state-owned oil & gas company, YPFB, invested around $US38 million in seven regasification plants and spent $US 16 million in 1,506 connections for household gas that will benefit 7,530 inhabitants in Beni. According to YPFB, the nationalised company has invested $US62 million in Beni for exploration and gas distribution.

Bolivia: Stemming gas reserves decline

By E. Dunphy, ACA Natural gas has played a key role in Bolivia’s economy, notably over the last 15 years where production has more than doubled from 2003 levels to reach 1654mmscf/d in 2017. However, under-investment in exploration now sees the country boasting a reserves life of a […]

Lithium in Bolivia

Lithium industry – Primer Latin America represents a huge concentration of lithium as a resource and reserves, the latter representing ca. 61% of global reserves. Of note, Bolivia does not feature in those reserves statistics as of year-end 2017. More   Opinion: Beyond pilot trials – Lithium extraction […]

More than $US 4 million from South Korea invested in Bolivian agriculture

A total of $US 4.8 million from the South Korean cooperation have been invested in research and seed production projects in Bolivia. A delegation of the Korean Cooperation (Kopia) visited the facilities of the National Institute of Agricultural and Forestry Innovation (INIAF) to evaluate the investment. The director of the Kopia expressed his satisfaction with the implementation of the implementation of the projects.

Price of gas exports to Brazil and Argentina increased by 43% in 2018

The prize of gas that Bolivia export to Brazil and Argentina has increased by 43% from $US4.2 for million BTU (British Termic Unit) at the end of 2017 to $US 6 for million BTU for the last quarter of this year, according to the Ministry of Hydrocarbons. Bolivia is renegotiating with Brazil a new contract for gas exports and also is negotiating with Argentina an adjustment to the current contract.