By : Inspenet, December 21, 2022
Through the state company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia plans to end the year with approximately USD 5.9 billion in income from consolidated sales of hydrocarbons in the external and internal markets. The amount exceeds the levels generated in the last seven years.
“We have obtained better prices for our gas for the foreign market and we have generated higher income from the sale of liquefied petroleum gas (LPG) and urea. This year we increased the production of our plant in the Bulo Bulo complex to 100%, a historic milestone”, said the Minister of Hydrocarbons and Energies, Franklin Molina.
The projection includes the export of natural gas, LPG, urea and isopentanes, in addition to sales in the domestic market of these products and fuels.
“During the coup d’état, the paralysis of the Ammonia and Urea Plant was ordered and an agreement was signed to the detriment of the country, very strong economic damage was done to the State. Despite this, Bolivia returned to democracy and, led by our President Luis Arce, correct policies were applied that are bearing fruit today, since we are talking about the hydrocarbons sector having higher incomes than in the last seven years.” the minister stated.
The projection for the end of the year would represent an increase of almost 19% compared to 2021, when consolidated revenues reached $4,965.5 million. The figure for this year is encouraging and demonstrates the effort of the national government to promote the hydrocarbon sector.
Source : https://www.rumbominero.com/bolivia/venta-hidrocarburos-bolivia/
Photo: ShutterStock
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