(Energy Analytics Institute, Ian Silverman, 17.Dec.2019) — Bolivia’s Hydrocarbon Minister Victor Hugo Zamora announced that the country’s state oil company YPFB was a healthy company. “YPFB is in good health,” Zamora announced 17 Dec. in an official ministry statement. *** © Energy Analytics Institute (EAI)
Tag: YPFB
Soliz Named As YPFB’s New President
(Energy Analytics Institute, Ian Silverman, 16.Dec.2019) — Petroleum engineer Herland Javier Soliz Montenegro was named the new president of Bolivia’s state oil company YPFB, replacing engineer José Luis Rivero. Soliz will take over efforts to guarantee the normal supply of natural gas to Bolivia’s domestic market and consolidate exports to […]
Bolivia’s VPACF Gets New VP
(Energy Analytics Institute, Ian Silverman, 10.Dec.2019) — Forestry Engineer Marcelo Ayala Torrez was named the new Vice President of Bolivia’s Contract and Control Administration (VPACF by its Spanish acronym). Ayala graduated from the Juan Misael Saracho University, and also holds a master’s degree in environmental studies obtained from the Gabriel […]
Bolivia Revises Gas Reserves, Fixes GCC Line
(Argus, Patricia Garip, 3.Dec.2019) — Bolivia’s new interim government has revised down the figure for natural gas reserves, applying a more conservative interpretation of the certified data. Proven reserves are 8.95 Tcf (254bn m³) as of the end of 2017, rather than 10.7 Tcf as the previous government had asserted, […]
Bolivia Repairing Carrasco-Cochabamba Gas Pipeline
(Energy Analytics Institute, Ian Silverman, 27.Nov.2019) — Bolivia commenced operations to repair a 200-meter section of the Carrasco-Cochabamba Gas pipeline damaged by an explosion that left the industrial sector of Cochabamba, La Paz and Oruro without power supply. Work has started and shortly normalization of gas flows are expected to […]
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 […]
LatAmNRG Bolivia Briefs: Fuel Prices, New YPFB Head
(Energy Analytics Institute, Ian Silverman, 19.Nov.2019) — Heard on the street and LatAmNRG briefs related to Bolivia’s National Hydrocarbon Agency (ANH) establishing maximum fuel prices and appointment by Bolivia’s Interim President Jeanine Añez of José Luis Rivero as the new president of the country’s state oil and gas company Yacimientos […]
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 […]
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 […]
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: Urea Deals, Gas Export Price
(Energy Analytics Institute, Jared Yamin, 23.Aug.2019) — LatAmNRG briefs related to Bolivia signing deals related to urea and household gas and Brazil’s ANP saying it expects Bolivian natural gas prices to fall by 36% once a bilateral deal between Bolivia and Brazil ends later this year. Bolivia Inks Urea, Household […]
Bolivia Strikes Gas Deal Russian Giant In Brazil
(Reuters, 11.Jul.2019) — Bolivia’s state energy firm has sealed a deal to supply gas to Russian fertilizer giant Acron’s plants in Brazil, the two sides said on Thursday, opening up a potentially important new market for the landlocked South American country. Bolivian state-owned YPFB agreed the sale of 2.2 million […]
Bolivia To Buy Petrobras’ Stake In Gas Pipeline
(Reuters, 9.Jul.2019) — Bolivia’s state-owned oil company YPFB plans to bid on a stake in a natural gas pipeline linking the country to Brazil to secure better terms for its gas sales there, the company said on Tuesday. YPFB intends to bid on an unidentified portion of the 51% stake […]
LatAm Briefs Bolivia: Govt Income, Mangnetoteluric Study
(Energy Analytics Institute, Ian Silverman, 1.Jul.2019) — LatAmNRG briefs related to Bolivia and government receiving 67.4% of all hydrocarbon revenues during 2006-2018, the country eying natural gas reserves reaching 15 trillion cubic feet by 2025, and state oil and gas entity YPFB commencing a mangnetoteluric study in Cochabamba. Bolivia Received […]
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 Expects Increase In Gas Exports To Argentina
(Energy Analytics Institute, Ian Silverman, 5.Jun.2019) — A new addendum to an existing contract between Bolivia and Argentina will lead to a price increase for exports of natural gas from the former to the latter by between 15% to 20% in winter, Bolivia’s Information Agency (ABI) reported 5 June, citing […]
LatAmNRG Bolivia Briefs: Petrobras Volumes, Investments In Lithium
(Energy Analytics Institute, Ian Silverman, 30.May.2019) — Heard on the street and LatAmNRG briefs related to Brazil’s Petrobras requesting lower natural gas volumes from Bolivia’s YPFB, investments to industrialize Bolivian lithium expected to reach $600 million, and Bolivia’s state oil entity YPFB planning to open a new office in Peru […]
LatAmNRG Bolivia Briefs: YPFB And Shell Deal For Yapucaiti X 1 Well
(Energy Analytics Institute, Ian Silverman, 24.May.2019) — Heard on the street and LatAmNRG briefs related to YPFB being the withholding agent for transport carriers in Chaco, and YPFB and Shell signing a deal for an estimated $220 million for the Yapucaiti X 1 exploration well. YPFB To Retain Funds From […]
YPFB And YPF Argentina Ink Upstream And Downstream Deals
(Energy Analytics Institute, Aaron Simonsky and Pietro D. Pitts, 7.May.2019) — YPFB and YPF Argentina signed strategic deals during discussions in Santa Cruz related to upstream and downstream activities in Bolivia and Argentina, Bolivia’s Hydrocarbon Ministry announced 7 May 2019 in an official statement on its website. In the upstream […]
Bolivia Launches New 87 Octane Gasoline In Cochabamba
(Energy Analytics Institute, Ian Silverman, 7.May.2019) — Bolivia sold a total 180,000 liters of its new gasoline — which has as a special anhydrous additive alcohol — through 35 petrol stations located in the department of Cochabamba, Bolivia’s Information Agency (ABI by its Spanish acronym) reported on 7 May 2019. […]
LatAmNRG Bolivia Briefs: YPFB Investments 2019-2025; Gas Consumption Of 13 MMcm/d
(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 […]
LatAmNRG Bolivia Briefs: Ammonia-Urea Production, NPK Fertilizer
(Energy Analytics Institute, Ian Silverman, 22.Apr.2019) — Heard on the street and LatAmNRG briefs related to Bolivia and rising production in 2019 from the Cochabamba ammonia-urea complex and the new challenge facing the land-locked country in regards producing NPK fertilizer. Bolivia Says Cochabamba Ammonia-Urea Production To Rise In 2019 (Energy […]
Bolivia Eyes Exporting LNG Through Argentina, Importing Crude
(S&P Global Platts, 22.Apr.2019) — Bolivia is looking at exporting natural gas globally through liquefaction terminals to be built in Argentina, and to buy crude from its southern neighbor, Bolivian President Evo Morales said Monday, a move that would compensate for dwindling sales of its main export to Argentina and […]
Bolivia’s Tarija Gas Region To Generate $2.7 Billion Through 2025
(Energy Analytics Institute, Ian Silverman, 14.Apr.2019) — Bolivia’s Tarija department is forecast to generate natural gas revenues of $2.7 billion through the end of 2025, Bolivia’s Information Agency (ABI) reported April 14. During 2006 and 2018, Tarija department generated estimated oil and gas revenues of $5 billion, ABI reported, citing […]
Bolivia’s Gas Reserves To Double By 2025: Minister
(Argus, 12.Apr.2019) — Bolivian hydrocarbons minister Luis Alberto Sanchez predicts a jump in natural gas reserves as the country’s “year of exploration” gains momentum. “Results from the first quarter were very promising,” Sanchez told Argus in an interview. “Reserves will increase from a current 10.7 trillion cf when we certify […]
YPFB President Says Incahuasi-5 Well To Add 3.5 MMcm/d Of NatGas Output
(Energy Analytics Institute, Ian Silverman, 5.Apr.2019) — Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) President Oscar Barriga says the Incahuasi-5 well, located 250 kilometers southwest of Santa Cruz department, will have a positive impact on Bolivia’s overall production profile. The Incahuasi-5 well will have a maximum production potential of 3.5 million cubic […]
LatAmNRG Bolivia Briefs: Gas Sector Dependence, Moody’s ‘Ba3’ Rating
(Energy Analytics Institute, Ian Silverman, 3.Apr.2019) — Heard on the street and LatAmNRG briefs related to Bolivia and the country still being highly dependent on its hydrocarbon sector and Moody’s ratifying the country’s rating at ‘Ba3’. Bolivia Still Highly Dependent On Hydrocarbon Sector, Says Moody’s (Energy Analytics Institute, Ian Silverman, […]
LatAmNRG Bolivia Briefs: Bolivia And Argentina Ink Addendum
(Energy Analytics Institute, Ian Silverman, 14.Feb.2019) — Heard on the street and LatAmNRG briefs on Bolivia and Argentina inking addendum to natgas PSA, irregular natgas demand in Brazil and Argentina affect’s Bolivia’s GDP, Bolivia taking actions to cut diesel imports by up to 5%, YPFB commencing exploration activities in Oruro, […]
YPFB Initiates Sale Of Urea In El Alto
(Energy Analytics Institute, Ian Silverman, 1.Dec.2018) — Bolivia’s YPFB initiated the sale of urea in El Alto at a price of Bs 167 per 50 kilo bag. The state-owned oil company aims to approach the municipalities of La Paz to discuss ways to better educate the public about the commercial […]
Bolivia Eyes 30% Increase In Hydrocarbon Subsidy In 2019
(Energy Analytics Institute, Ian Silverman, 1.Dec.2018) — Bolivia envisions a 30% increase in its hydrocarbon subsidy due to the rise in the price of oil in international markets. The higher oil prices and subsequent subsidy under Bolivia’s General State Budget for 2019, also known as PGE-2019, will result in increased […]
Oil Expert Plaints Adverse Scenario For Bolivia
(Energy Analytics Institute, Ian Silverman, 27.Nov.2018) — Oil expert Mauricio Medinaceli painted an adverse scenario for Bolivia due to the country “doing little or nothing” to replace production in recent years. Besides our natural gas reserves, Bolivia has various weakness including but not limited to the following: poor exploratory management, […]
YPFB To Initiate Sales of Super Ethanol In La Paz
(Energy Analytics Institute, Aaron Simonsky, 22.Nov. 2018) — YPFB will commence sales of its new fuel called Super Ethanol in the capital city of La Paz. Approximately 10 petrol stations will market the fuel in La Paz, and sales are projected at around 100,000 liters per day, as was the […]
Bolivia Foresees Hydrocarbon Revenues Of $2.5 Billion In 2019
(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Bolivia’s Hydrocarbon Minister Luis Alberto Sanchez announced the country foresees hydrocarbon revenues of $2.5 billion in 2019 amid continued legal security as well as plans to sign gas export contracts. In coming weeks Bolivia’s government will sign new contracts which could imply […]