LatAmNRG Bolivia Briefs: YPFB Investments 2019-2025; Gas Consumption Of 13 MMcm/d

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(Energy Analytics Institute, Ian Silverman, 1.May.2019) — Heard on the street and LatAmNRG briefs related to Bolivia the land-locked country generating oil and gas revenues of estimated $37,484 million during 2006-2019, state oil and gas entity YPFB eyeing investments of $9,800 million during 2019-2025, and YPFB saying Bolivian domestic market consumed 13 MMcm/d of naturalg gas in 2018.

Bolivia Generated Hydrocarbon Revenues Of $37,484 Million During 2006-2019

(Energy Analytics Institute, Ian Silverman, 1.May.2019) — Bolivia obtained oil and gas related revenues of more than $37,484 million between 2006 and May 1 2019, state oil and gas entity YPFB announced 1 May 2019 in an official statement on its website.

Contributions were as such: direct hydrocarbon taxes or IDH ($16,419 million); royalties and participation to the state’s General Treasury or TGE ($9,206 million); YPFB’s participation, hydrocarbon patents, upstream taxes and others ($11,859 million), the company said.

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YPFB Eyes Investments Of $9,800 Million During 2019-2025

(Energy Analytics Institute, Ian Silverman, 1.May.2019) — Between 2006-2018, YPFB and operating companies invested $14,115 million in Bolivia’s hydrocarbon sector, the company announced 1 May 2019 in an official statement on its website.

In an aim to guarantee natural gas production and boost hydrocarbon reserves, YPFB plans investments between 2019-2025 of more than $9,800 million, mainly destined for industrialization and development projects in neighboring countries as part of YPFB’s internationalization strategy, the company said.

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YPFB Says Bolivia Domestic Market Consumed 13 MMcm/d In 2018

(Energy Analytics Institute, Ian Silverman, 1.May.2019) — Bolivia’s state oil company announced that domestic natural gas consumption was more than 13 million cubic meters per day (MMcm/d) in 2018 compared to around 4.3 MMcm/d in 2006, the company announced 1 May 2019 in an official statement on its website.

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© Energy Analytics Institute (EAI)

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