PRESS RELEASE

YPFB starts sale of Super Ethanol 92 gasoline in six La Paz pumps

By
Thursday, November 22, 2018

The Vice President of the Plurinational State of Bolivia, Álvaro García Linera, began Thursday the sale of the new Super Ethanol 92 gasoline, a fuel that is sold in six service stations (EESS) in the department of La Paz.

The state oil company expects to sell approximately 10,000 liters per day at the San Pedro, Automobile Club Calacoto, Rácing Gas, Candelaria, Car Sur and Motoreco pumps.

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The biofuel is commercialized 4.5 Bs / liter, price that was defined by Administrative Resolution RAR-ANH-DJ No 0357/2018 issued by the National Hydrocarbons Agency on October 29, 2018, which defines the margins both Wholesale and Retail, in addition to the Ethanol Price and consecutively the Final sale price.

The launch of the biofuel took place in the city of Santa Cruz on November 1, 2018 and the commercialization was carried out gradually in the departments of Santa Cruz, Tarija, La Paz and soon it will be sold in Cochabamba.

"To date, the sales volume in the Service Stations of the city of Santa Cruz reaches 73,835 liters per day, considering the gradual entry of 19 Service Stations In Tarija there is an average of 5,682 liters per day with three Stations of Operational Service ", detailed the president of YPFB, Óscar Barriga Arteaga.

Compared with the Super 91 Gasoline, the number of EESS in the market was increased by incorporating five more EESS in the commercialization of the same, for the case of Tarija where the commercialization began on November 9, 2018 there are 4 EESS, in Cochabamba and La Paz have confirmed 5 and 6 EESS respectively.

The regulations applicable to the Super Ethanol 92, establishes the regulatory framework that allows production, storage, transportation, marketing; and mix of Vegetable Origin Additives, with the purpose of gradually replacing the import of Inputs and Additives, and Diesel Oíl, protecting food and energy security.

The composition of the biofuel implies the use of anhydrous alcohol obtained from sugar cane and contributes to the policy of changing the national energy matrix towards more environmentally friendly fuels. This progress was made concrete through the consolidated synergy between the Bolivian State and the agroindustrial sector, a strategic decision that will provide important benefits for the country.

This YPFB press release was published using an automatic translation system.