YPFB activates an exploration plan in 20 areas with a $400 mn investment

According to data from the Ministry of Hydrocarbons, gas production, the main export product to Argentina and Brazil, contracted up to 17%, while liquids (gasoline and diesel) production fell to 13% in 2020. Given this, the state-owned Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) informed that during the 2021-2022 period, it would implement an exploration plan that includes the execution of 20 projects, reaching an investment of $400 million.

Luis Barbery re-elected as CEPB president for the 2021-2023 term

The institutions that make up the Confederation of Private Businessmen of Bolivia (CEPB) re-elected Luis Fernando Barbery Paz as its president for the 2021 - 2023 term the rules established in its statutes. The current president of the Bolivian private sector was born in Santa Cruz, is an Industrial Engineer with a postgraduate degree in Advanced Business from Harvard University and a Masters in Business Administration from the University of Toledo - Ohio.

Government invests $8.19 mn in evaporite resources research centre

The government announced that it would inaugurate at the end of March the Centre for Research in Science and Technology of Materials and Evaporitic Resources. The Centre built in La Palca, Potosí, had an investment of Bs 57.1 ($8.19 mn). The equipment will require an investment of more than $5 million to acquire high-tech equipment for research, development and innovation of cathode materials, electrolytes and chemical elements for the industrialisation of Bolivian lithium and its derivatives.