Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) reported that it supplies 4.5 million litres of diesel from national production to Santa Cruz every week, and another 11 million litres imported from Argentina, Paraguay, Brazil and Chile, to supply fuel to all service stations, direct customers and large consumers in Santa Cruz. In Arica, 44 million litres of diesel were unloaded and will be loaded daily into 80 tanks to transport it to La Paz and Santa Cruz.
Category: Industry
Information about industry sectors such as hydrocarbons, agriculture, etc.
Price of chicken meat goes up 23%
The increase in the price of soy flour, one of the main inputs for poultry farmers, is the reason why they have chosen to stop producing and generate a lower supply, which leads to a 23% increase in its price for the producer.
Sipontindi X1 well has 0.6 TCF, double the estimated
The government informed this Tuesday that the Sipotindi X1 well has double the reserves, 0.6 trillion cubic feet (TCF) instead of 0.3 that initially projected.
Builders report the debt of $286.9 million
The Departmental Chamber of Construction of La Paz, denounced that to date the government and the sub-national governments do not cancel the debt of Bs. 2 billion ($286.9 mn) for completed works. The construction companies are in economic crisis without being able to pay their bills owed to their workers and sub-contracted companies and are asking the new president-elect, Luis Arce Catacora, to attend to the demands for payment.
Builders’ crisis and the Covid-19 leave 250,000 workers without jobs
The Bolivian Chamber of Construction (Caboco) states that construction is in a strong recession and that the projection of figures is critical. To date, only 28% of companies in the sector have updated their registrations, 250,000 jobs have lost and the accumulated debt of more than Bs 2 billion ($286.9 mn) of the State with construction companies for the last year persists. It foresees a contraction of 18% of the construction sector.
FIE Bank allocated $10 mn for 40,000 borrowers
In the quarantine, FIE Bank allocated $10 million to benefit some 40,000 borrowers who required capital to address the health crisis. Agriculture is one of the main niches of business, Banco FIE has an agricultural portfolio of $us 365 million, of which more than half ($us 195 million) placed in Santa Cruz.
Government guarantees financing of two mn dollars for Sucre Cretaceous Park
The Government guaranteed this Friday the financing of 2 million dollars for the first phase of the expansion of the Cretaceous Park, in the city of Sucre. The addition of the Cretaceous Park, which will occupy 2.7 hectares, is financed, in its first phase, by the Inter-American Development Bank (IDB).
Bolivia exported urea for $4.76 million
Between January and June of this year, Bolivia exported 21,763 tons of urea from the Bulo Bulo plant in the Cochabamba tropics, for a value of US$ 4.7 million, according to data from the National Institute of Statistics (INE). Brazil and Peru were the only ones to acquire the fertilizer of the Ammonia and Urea Plant, of the state-owned Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).
Banana exports to the Argentine market reactivate by 60%
The export of bananas from the Cochabamba tropics to the Argentine market was reactivated by approximately 60 per cent in volume. Producers estimate a total cost of 2.5 dollars per box and end up receiving only 1.8 dollars per pack, with a consequent loss of 7 cents on the dollar per box. Exports have maintained to preserve a market and in the face of competition from Ecuadorian bananas. Also, it was necessary to conserve employment for more than 2 thousand families in the Cochabamba tropics who live from this activity.
Forest exports totalled $39 million through September
As of September 2020, Bolivia's trade in wood products abroad reached $39 million, while imports in the same period reached $22.2 million, giving a positive trade balance of $16.8 million, according to a report by the Bolivian Forestry Chamber (CFB) based on preliminary data from the National Institute of Statistics (INE).
