Bolivia freezes fuel prices for a year and plans gradual supply normalization

The Bolivian government will keep gasoline, diesel, CNG, LPG and aviation fuel prices frozen at current levels for the next 12 months. After this period a new pricing formula will link domestic fuel prices to international oil prices and the average US dollar exchange rate, with a calculated “adjustment factor”. The decree also authorises up to US$1 billion for the state oil company YPFB to cover import‑cost differences and maintain market supply.

A week later, Vice Minister Wilson Santamaría announced that fuel deliveries will begin to normalize gradually from Tuesday, with improvements noted in La Paz. Delays in provincial distribution are expected to be resolved in the coming days. Santamaría emphasized that extra quality‑control checks add a few hours to logistics but do not compromise fuel safety, urging the public to avoid speculation.