Bolivia Diesel Quota Raised, YPFB Intervened
9 Articles
9 Articles
In addition to the intervention, the Ministry of Hydrocarbons announced that the government "intends" to "gradually" remove YPFB's role as a distributor, transferring it to private companies and focusing on exploration, production, and refining. The state-owned company is currently responsible for marketing the fuel, a process that includes everything from its importation to its distribution in the domestic market. Long lines are common at gas …
The problem of supply has become the main obstacle of the center-right president Rodrigo Paz.
In the face of endless queues and low-quality gasoline, La Paz takes over the YPFB public company before refocusing it on its own.This is the first time that Bolivia has come to grips with its oil giant to get out of the fuel crisis on Le Singulier.
The first result of the government's intervention in the Bolivian Fiscal Oil Fields (YPFB) is the decision to gradually withdraw the state company from the commercialization of hydrocarbons, an activity that private operators will be responsible for.
The Minister of Hydrocarbons explained that there have already been meetings with private companies and that they expressed their commitment to import fuels as the state reduces their participation.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
