HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 18.Jun.2025, Words: 249) — Bolivia, which is experiencing a deep economic crisis due to a lack of foreign currency, is at risk of defaulting on its foreign debt if it does not obtain new financing, according to Bolivia’s president Luis Arce Catacora. “We […]
Tag: Evo Morales
NRGBriefs: May Day Celebrations, No Expropriations Expected
(Energy Analytics Institute, 1.May.2022) — Energy briefs including Trinidad and Tobago’s Prime Minister Keith Rowley and Minister of Energy and Energy Industries Stuart Young visiting Washington, DC to discuss regional energy matters; May Day (1 May) celebrations taking place across the Latin America and the Caribbean (LAC) region but no […]
Luis Acre Restores Bolivia To Socialist Party Rule
(Argus, 19.Oct.2020) — Gas-rich Bolivia’s socialist party swept yesterday’s elections and will return to power by year’s end, but with a more pragmatic leader at its helm. Former finance minister Luis Arce won more than 50pc of the vote in two exit polls, topping his nearest rival, former president Carlos […]
Bolivia’s Arce Emerges As Presidential Winner
(Energy Analytics Institute, 19.Oct.2020) — Bolivian presidential hopeful Luis Arce appears to have won the country’s general election. “We still don’t have an official count, but from the data we have, Mr. Arce and Mr. Choquehuanca have won the election,” Bolivia’s interim president Jeanine Añez Chavez announced 19 October 2020 […]
OAS And Bolivia Ink Deal To Observe 18 Oct. Elections
(OAS, 5.Oct.2020) — The Organization of American States (OAS) and the Plurinational State of Bolivia today signed the agreement on privileges and immunities for the OAS electoral mission that will observe the general elections on October 18. The Permanent Representative of Bolivia to the OAS, Jaime Aparicio, said that his […]
Bolivia To Investigate YPFB Refining Transfers
(Energy Analytics Institute, 13.Jul.2020) — Ecuador ‘s transparency unit of the hydrocarbon ministry received a complaint that dates back and relates to the management of the former YPFB Refining general manager Guillermo Achá, during the government of former president Evo Morales, alleging the subsidiary company made million dollar deposits into […]
YPFB To Investigate Transfers To MAS Party
(Energy Analytics Institute, Ian Silverman, 20.Dec.2019) — Bolivia’s state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) announced an investigation has been launched related to alleged transfers to MAS or the Movement For Socialism party. Results of the investigation will be published after completion, YPFB announced 20 December 2019 in an […]
YPFB Dispatches Fuel, LPG From Senkata Plant
(Energy Analytics Institute, Ian Silverman, 23.Nov.2019) — Bolivia’s state oil company Yacimientos Petrolíferos Fiscales Bolivianos announced the dispatch of 1.8 million liters of gasoline and diesel and 10,119 bottles (cylinders) of liquefied petroleum gas (LPG) to the cities of La Paz and El Alto after suspension of a blockade at […]
Bolivia Gov’t Charges Morales With Terrorism
(Reuters, Daniel Ramos, 22.Nov.2019) — Bolivia’s interim government filed a criminal complaint on Friday against former President Evo Morales for alleged sedition and terrorism, the interior minister said, as authorities began probes of his allies that they accuse of corruption and fomenting unrest. Interim President Jeanine Anez, a former senator […]
Bolivia Names New YPFB President
(Argus, Patricia Garip, 19.Nov.2019) — Bolivia’s fragile interim government appointed Jose Luis Rivero Sandoval the new president of state-owned oil and gas company YPFB. Rivero, who replaces Oscar Barriga, is a former YPFB geologist who previously worked in Mexico, Venezuela and the US. His first task is to “recover gas […]
LatAmNRG Bolivia Briefs: fuel shortage contingencies, Morales vows return
HOUSTON, TEXAS (By Energy Analytics Institute, Ian Silverman, 18.Nov.2019, Words: 324) — Heard on the street and LatAmNRG briefs related to Bolivia preparing emergency plan to import fuels, Evo Morales vows his return to Bolivia from Mexico, and repairs to the Carrasco-Cochabamba pipeline estimated to cost $200mn. Bolivia Prepares Emergency […]
Brazil To Import More LNG If Bolivia Supply Falters
(Argus, 14.Nov.2019) — Brazil will increase LNG imports if pipeline natural gas supply from Bolivia is interrupted because of political unrest, according to Brazilian hydrocarbons agency ANP. Brazilian state-controlled Petrobras confirmed that it was notified by Bolivian state-owned YPFB on 11 November about possible fluctuations in gas supply. Under a […]
Bolivia Warns Of Force Majeure On Gas Exports
(Argus, 12.Nov.2019) — Bolivia’s deepening political crisis is starting to take a toll on its vital hydrocarbons industry. YPFB, Bolivia’s state-owned oil and natural gas company, warned Argentina it may not meet its gas export commitments because of the current unrest that has engulfed the country and led to a […]
Bolivian Opposition leader Calls For New Election
(Reuters, Daniel Ramos and Vivian Sequera, 3.Nov.2019) — Bolivia’s chief opposition leader on Sunday called for new elections to resolve the political crisis engulfing the nation since a disputed Oct. 20 vote that Bolivian authorities said was won by leftist President Evo Morales, sparking protests. Former Bolivian president Carlos Mesa, […]
Bolivia Crippled As Leftist Leader Faces Vote
(Bloomberg, Peter Millard, 14.Oct.2019) — For two years, Bolivia pushed to boost natural gas production, a longtime key to its prosperity, by drilling for new discoveries on its southeastern lowlands. The result: An 8 kilometer (5 mile) deep dry hole. There’s arguably no more apt symbol for the situation facing […]
Bolivia LatAmNRG Briefs: Electric Vehicle Plant In Cochabamba
(Energy Analytics Institute, Ian Silverman, 28.Sep.2019) — LatAmNRG briefs related to Bolivia’s President Evo Morales’ visit to Quantum Motors’ electric vehicle plant in Cochabamba and Bolivia signing a contract to market its natural gas to Mato Grosso in Brazil. Morales Visits Quantum Motors’ Electric Vehicle Plant in Cochabamba (Energy Analytics […]
LatAmNRG Bolivia Briefs: Morales Inaugurates 480MW Plant In Cochabamba
(Energy Analytics Institute, Ian Silverman, 12.Sep.2019) — LatAmNRG briefs related to Bolivia’s President Evo Morales inaugurating a 480 megawatt plant in Cochabamba and Morales saying Bolivia to produce 3,370 megawatts of energy in 2019. Morales Inaugurates 480MW Plant In Cochabamba (Energy Analytics Institute, Ian Silverman, 12.Sep.2019) — Bolivia’s President Evo […]
Bolivian Economy Stable But Storm Clouds Loom
(AP, Carlos Valdez, 1.Jul.2019) — Abraham Rodríguez’s small shoe store grew into a factory that employed more than a dozen workers during an economic boom in Bolivia when prices for the gas and minerals it produces soared. Today, he can only employ one worker. He says the tax-free import of […]
Bolivia’s Generation Capacity Expected To Reach 3,300 MW In 2019
(Energy Analytics Institute, Ian Silverman, 7.Jun.2019) — Bolivia’s generation capacity is expected to rise this year by 1,000 megawatts (MW) to 3,300 MW, representing an increase of 43.4% compared to what the country currently produces, Bolivia’s Information Agency (ABI) reported, citing Bolivia’s President Evo Morales. “We’re generating 2,300 megawatts in […]
LatAmNRG Bolivia Briefs: Putin-Morales Meeting, Lithium, Potassium Chloride
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2019) — Heard on the street related to the Bolivian upstream, midstream, downstream and renewable energy sectors including: Russian President Vladimir Putin’s plans to meet his Bolivian counterpart Evo Morales in July; Bolivia has exported 22,000 tons of potassium chloride to Brazil; Bolivia eyes deciding […]
Bolivia And Paraguay Sign MOU Related To Gas Pipeline
(Energy Analytics Institute, Aaron Simonsky, 19.Nov.2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sánchez and Paraguay’s Public Works Minister Arnoldo Wiens signed a Memorandum of Understanding related to construction of a natural gas pipeline that will allow for shipment of the molecules from the former to the latter. We hope to […]
Bolivia’s Economic Growth Expected to Exceed 4.5%: IMF
(Energy Analytics Institute, Aaron Simonsky, 3.Oct.2018) — Details of the International Monetary Fund (IMF) estimates were reported by the daily newspaper La Razón, citing a speech made by Bolivia’s President Evo Morales in the capital city La Paz. ***
Petrobras Bolivia Spuds Deep Caranda X1005 Well in Santa Cruz
(Energy Analytics Institute, Jared Yamin, 27.Sep.2018) —The well was spud in the Caranda Field inthe presence of Bolivia’s President Evo Morales. The field is located in the Ichilo province of the department of Santa Cruz and is operated by Petrobras Bolivia. The Deep Caranda exploration well (Car-X1005) will require an […]
Bolivia’s Incahuasi Field Producing 8 MMcm/d of Natural Gas
(Energy Analytics Institute, Ian Silverman, 21.Sep.2018) — Bolivia’s President Evo Morales says natural gas production at the Incahuasi field, discovered in 2004, is currently eight million cubic meters per day (MMcm/d). Production at the field is expected to increase to 11 MMcm/d over the short-term with additional investments and then […]
Bolivian Government Approves Bioethanol Made with New Blend of Additives
(Efe, 16.Sep.2018) — Bolivia gave the green light to the massive production of bioethanol to replace the importation of additives for gasoline and diesel fuel in accord with a law signed by President Evo Morales. Morales signed the Law on Vegetable Derived Additives on Saturday during a ceremony in Minero, […]
Bolivia’s Morales Says Electricity Rates Will Not Rise
(Energy Analytics Institute, Ian Silverman, 15.Sep.2018) — Read my lips. Well, it wasn’t exactly like that. However, Bolivia’s President Evo Morales clarified that electricity tariffs in the small land-locked South American county would not rise. Domestic consumption is around 1,500 megawatts, while supply is around 2,100 megawatts, reported the daily […]
Chuquisaca Signs Multi Billion Oil Deal
(Energy Analytics Institute, Ian Silverman, 28.Jul.2018) – The agreement, signed between the Bolivian government and authorities from the department of Chuquisaca provides for initiation of work in more than 8 areas. Announcement of the planned investments came after meetings between the government, and authorities and representatives from different sectors of […]
Gazprom to Invest $1.2 Bln in Bolivia
(Energy Analytics Institute, Aaron Simonsky, 28.Jun.2018) – Gazprom confirmed it will invest $1.22 billion in the Bolivian petroleum sector. The Russian company’s investments will be destined towards exploration activities at the Vitiacua field located in the department of Chuquisaca. Gazprom didn’t rule out financing rehabilitation projects for older Bolivian fields, […]
Gazprom Reiterates Interest in Bolivia
(Energy Analytics Institute, Jared Yamin, 16.Jun.2018) – Russian oil giant Gazprom remains attracted to the hydrocarbon opportunity set in Bolivia in South America. A working meeting between Gazprom Management Committee Chairman Alexey Miller and Bolivia’s President Evo Morales was held at Gazprom’s office in Moscow where various agreements were signed […]
Bolivia, Russia Consolidate Energy Partnership
(Efe, 13.Jun.2018) – Bolivia’s President Evo Morales met with his Russian counterpart, Vladimir Putin, as part of a two-day visit to Moscow aimed at consolidating the countries’ bilateral energy partnership. While receiving Morales at the Kremlin, Putin expressed Moscow’s willingness to expand its cooperation with the South American country in […]
Bolivia Has 40,000 MW Hydroelectric Capacity
(Energy Analytics Institute, Jared Yamin, 5.Jun.2016) – Bolivia has capacity to generate 40,000 megawatts of energy from hydroelectric projects. “According to studies from international organizations Bolivia has capacity to generate 40,000 megawatts of energy from its hydroelectric plants,” reported the daily La Razón, citing Bolivia’s President Evo Morales. Bolivia plans […]
Argentina Seeks to Import 200MW from Bolivia
(Energy Analytics Institute, Ian Silverman, 24.Mar.2015) – Argentina is considering importing 200 megawatts of energy from Bolivia in 2015, announced Bolivia’s President Evo Morales. The official also announced Brazil was also requesting more energy, without providing details, reported the daily newspaper La Razón. “Perhaps this year we are going to […]
Bolivia’s Nationalization of Oil and Gas
(Council on Foreign Relations, Carin Zissis, 12.May.2006) — In a region seen as turning leftward, forging alliances would seem a natural course of events. But Bolivian President Evo Morales’ decision to nationalize the oil and gas industry is exposing tensions, causing experts to say there is more diffusion than alliance-building […]