Is it morally, ethically to claim victory over someone else’s credit?

Bolivian government has the tendency to inflate its accomplishments, out of arrogance, desperation or who knows… in any case current news from El Diario is  very illustrative, vis-a-vis our most visible and important industry: hydrocarbons!

Yesterday presented the annual report of the State oil company to the press

Analysts: YPFB achievements are due to efforts of previous Governments

• The selling price of gas with Brazil was set in the 1990s, with the highest standards of international markets.

2012-12-27 11.53.45 amTwo analysts in economic topics agreed (separately) to affirm that the achievements made by the positive increase in the exports of hydrocarbons are the result of efforts by previous Governments, the movement to socialism as ruling party qualifies as “neo-Liberals”.

The analyst on economic issues Julio Alvarado said that the Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) President, Carlos Villegas forgot to mention in its yearly report presented yesterday, two decisive factors by which hydrocarbons sector exports reached 50% of the national total during this year.

He regretted that Villegas’ report has ignored to mention for example, that the price of gas with Brazil was set up in the 1990s with the highest standards of international markets, and that many gas wells with which the country exploits now, were drilled at the time of the (Government of Gonzalo Sánchez de Lozada) capitalization.

“What Villegas did with nationalization was only to buy the shares of major oil companies operating in the country. He forgot to mention that these $5,517 billion dollars are the result of the actions of neoliberal Governments, we will have to ask Mr Villegas how many wells have been drilled in these years,” he said in statements to EL DIARIO.

He recalled that in the capitalization process YPFB and trans-natioanal companies drilled at least 60 wells a year and that the process was currently reduced to prospecting with high costs.


For its part, economic analyst Armando Méndez said that the behavior of the exports of hydrocarbons is not an achievement of the Government, but because of the demand for raw materials and high prices that reached the hydrocarbons in the international market.

“No one can speak of achievements because then we should show how many wells were drilled so far and more importantly as to the strengthening YPFB to face times of crisis.” “Good prices favored us and that is undeniable, but it was not to the good work that is done in YPFB, but will have to see how smuggling fuels leave daily”, said.

Statements by analysts then emerged yesterday, after the President of YPFB company, Carlos Villegas, presented his annual report.


Villegas reported yesterday that at the close of the present management year, the hydrocarbons sector exports will reach $5,517 billion dollars of the $11 billion dollars of national exports that registers the country.

“Fulfilling contracts for export to Brazil on average surrendered 31.52 million cubic meters day (Mmmcd) and Argentina 16.15 million cubic meters day, practically this year has been quite positive because the nominations [requests] that were made both in Brazil and in Argentina allowed this increase in production (for the domestic market mainly went 9.89 MMmcd)” He explained.

He added that “in terms of export values, projected as of December 2012, hydrocarbon exports are $5,517 billion dollars and total exports of different products generated in Bolivia will rise to $11 billion”.

The data was revealed by the Executive of YPFB Corporation in an evaluation of management year that was performed Wednesday at a breakfast-work with the national and international press at a downtown hotel at the headquarters of Government [La Paz]. The ceremony, Villegas attended accompanied by the principal authorities of the State oil company.

Exports in the hydrocarbons sector have to do with the levels of production of natural gas and liquids that YPFB, recorded during the present administration in the framework of the commitments of providing energy to the domestic market and export.

“This year, on average we’ve had a production of 50 MMmcd, the highest peak in production in November reached 60 MMmcd and liquids production include condensate and crude oil in the same way we have increased reaching 50,579 barrels day,” added Carlos Villegas during the evaluation of management.

Valid question is how to actually stop the smuggling of gasoline, diesel and liquid through bordering towns. What to do with those subsidies in order not to lose competitiveness? Are we prepared to face and meet existing contracts? let alone increased internal demand on fuels? Was there a need to brag over actions that were not promoted, nor created under current government? Do we need more demagogue than actual sustainable jobs? Will lies, corruption ever find actual guilty parties [top of the ladder] and punish them accordingly?

Too many ifs and important questions for a year that precedes a new presidential election… too bad for those Bolivians who want to grow, to enjoy freedom of speech, freedom of choosing our destinies rather than been packed in a dubious and insane, irrational “socialism of the 21st century”

Published by Bolivian Thoughts

Senior managerial experience on sustainable development projects.

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