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2 clusters · 7 sources · 13 days · First seen · Last updated

YPFB hydrocarbon exploration and fuel crisis management

Overview

Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) has undertaken various operational initiatives involving hydrocarbon exploration and fuel management in Bolivia.

In the Subandino Norte region, YPFB and its subsidiary YPFB Andina S.A. conducted geological survey campaigns in the Lliquimuni and El Pelado areas to evaluate hydrocarbon potential and identify access routes for future drilling.

To address a growing fuel crisis marked by diesel shortages and systemic control failures, YPFB has implemented an integrated online monitoring system. This system tracks fuel distribution in real time from assignment to service stations to improve traceability and combat illegal stockpiling and resale at inflated prices. This follows an intervention where authorities identified that 22 million liters of fuel were diverted.

To mitigate shortages, YPFB plans to increase crude oil refining by 10,000 barrels per day, a move projected to generate $49 million annually. This strategy involves utilizing underperforming refineries in Cochabamba and Santa Cruz to bolster the national diesel supply. Concurrently, the Chamber of Agro-Industrial Producers (CAO) has called for opening the fuel market to private sector participation in importing and refining to ensure a consistent supply.

Entities

Yacimientos Petrolíferos Fiscales Bolivianos · Comité pro Santa Cruz · Klaus Frerking · Agustín Zambrana · Jorge Ríos Urquidi

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. 4 days ago

    [BUSINESS] 5 sources
    YPFB implements new controls to combat Bolivia fuel crisis

    Bolivia's state oil company, YPFB, is implementing new monitoring systems and increasing crude refining to combat diesel shortages, fuel diversion, and illegal stockpiling.

  2. 16 days ago

    [BUSINESS] 2 sources
    YPFB conducts geological surveys in Bolivia's Subandino Norte

    YPFB has completed geological surveys in Bolivia's Lliquimuni and El Pelado areas to assess hydrocarbon potential and prepare for future exploratory drilling in the Subandino Norte region.

Sources

ahoradigital.net · cabildeodigital.com · energypress.com.bo · exitonoticias.com.bo · lapatria.bo · publiagro.com.bo · rtpbolivia.com.bo

This summary has been updated 1 time: see revision history