By Germaine Barriga, Vision 360: Analyst: New Hydrocarbons and Investment Laws Will Deliver Results in Five Years; Meanwhile, Bolivia Will Need to Import Fuel, LPG, and Natural Gas The conditions for importing those energy products are foreign currency and real prices, expert Raúl Velásquez warned. Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). Photo YPFB The approval of…
Tag: hydrocarbons
Energy crisis or hydrocarbon crisis? | ¿Crisis energética o crisis de hidrocarburos?
By Francesco Zaratti: Contrary to what is heard daily, Bolivia is not facing an energy crisis, but a hydrocarbon crisis. In fact, there are no blackouts or electricity rationing, although there are long lines at fuel pumps. It is true that two-thirds of the electricity we consume is generated by burning natural gas, but precisely…
The Summit of the Lament on Energy | La Cumbre Energética del lamento
By Francesco Zaratti: The Society of Engineers of Bolivia (SIB) has just organized a three-day “Energy Summit” in Santa Cruz with three axes: hydrocarbons, electricity generation and the economy of lithium, an essential element of electric batteries. The content of the event was essentially technical and scientific, given the level of the assistants. National and…
Brazil conditions the gas purchase contract
ANF reports in El Deber: Brazil conditions the gas purchase contract Diplomat Santos Rocha believes that the new contract will be beneficial for both countries. Brazil’s new natural gas purchase contract will fit Brazil’s new energy context, said Brazilian ambassador to the country, Raymundo Santos Rocha, is confident that his country will soon be out…
Why Energy-Rich Bolivia Is Mired In Economic Crisis
Mauricio Rios writes in Worldcrunch: Why Energy-Rich Bolivia Is Mired In Economic Crisis Like other Latin American countries, Bolivia has squandered commodity revenue and failed to make the hard reforms necessary to bolster the economy for the long haul. -Analysis- LA PAZ — People in Bolivia appear to be waiting for everything to fall apart…
Bolivia faces crisis on hydrocarbon production levels
El Diario reports: According to analysts Bolivia faces reserves’ crisis The 2016-2020 National Development Plan proposes to increase hydrocarbon production levels, to mitigate “any reduction in international prices”, which was questioned by analysts Guillermo Torres and Marco Gandarillas, on the understanding that the country has no new fields and to discover them for further exploitation…
