Bolivia
Press Release

Bolivia: Government will promote production of raw material for biofuels in the Chaco of Tarijeño

Bnamericas Published: Saturday, January 14, 2023

This Ministry of Hydrocarbons and Energies release was published using machine translation.

UCOM-MHE-01-13-2023.- President Luis Arce affirmed this Friday that the national government has a strategy to promote the cultivation of jatropha, a plant from which the oil that serves as raw material for the production of biodiesel.

"We have thought about what we are going to do in that part of the Bolivian Chaco, there in Villamontes where it is dry and nothing grows... we have a strategy: plant jatropha, from Jatropha we are going to produce (...) raw material to produce Bolivian ecological diesel ”, expressed the President, during the laying of the fundamental stone for the construction of a Grain Storage and Transformation Center, in the municipality of Yacuiba.

Arce highlighted that Bolivia is rich in natural resources, therefore, combined with the characteristics of its geography, it has considerable potential for the production of ecological fuels.

"The natural resources, the geography that we have, help us to think about being large producers of biofuels (...) and a series of elements that will allow us to stop importing oil, diesel and gasoline and be self-sufficient," he added. the dignitary.

Bolivia began in September 2022 the construction of the Biodiesel Plant 1, which will be located in the city of Santa Cruz de la Sierra, which will have a capacity to produce 1,500 barrels per day (bpd).

Likewise, as part of the biofuels program carried out by the national government, through the Ministry of Hydrocarbons and Energies through the entity under its supervision Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), promotes the production of biofuels and therefore plans to build a second plant of biodiesel of 1,500 bpd and one of renewable diesel of 9,000 bpd.

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