Press Release

YPFB to sell 4.7Mm3 of fuels to productive and service sectors

Bnamericas Published: Thursday, February 02, 2023

This YPFB statement was translated from Spanish by an automated system

Santa Cruz, Feb 1, 2023 (AN-YPFB).- Yacimientos Petrolíferos Fiscales Bolivianos will sell more than 4.7 million cubic meters (m3) of diesel oil and special gasoline in order to guarantee agricultural, industrial, commercial and transportation during the 2023 term, reported the president of the state oil company, Armin Dorgathen Tapia.

“Yacimientos took the corresponding forecasts to ensure fuels for the productive and service sectors at the national level. Economic activities will have sufficient volumes to carry out their activities with absolute normality during this administration, based on the mandate that we have received from our President of the Plurinational State of Bolivia”, Dorgathen Tapia said this Wednesday.

For this management, YPFB plans to sell more than 2.3 million cubic meters of special gasoline and a volume of more than 2.4 million cubic meters of diesel oil. According to the sales projection of both fuels, Santa Cruz, La Paz and Cochabamba will be the departments that will consume these products the most in the current administration.

In the 2022 management, the state oil company guaranteed the delivery of 2,164,908 cubic meters of special gasoline and 2,289,320 cubic meters of diesel oil, with the largest consumers being the departments of the central axis of the country.

The figures show an increase in the sale of gasoline of 7.54% and in diesel oil of 10.72% between the present and past management. "The data shows the importance that YPFB assigns to the country's productive and service sectors," added Dorgathen Tapia.

The Contingency Plan faced by YPFB makes it possible to guarantee the logistics of the normal supply of liquid hydrocarbons in the country, despite temporary shocks such as the war between Russia and Ukraine and eventualities in the domestic market.

“The national government, through its operational arm YPFB, preserves a greater amount of autonomy and fuel reserves for contingency cases, such as the war that forced the countries of the region to increase the price of fuel, due to an increase in international oil prices”, stated Dorgathen Tapia.

Product of the Productive Community Social Economic Model, fuel prices remain fixed in the country, a scenario that preserves the good quality of inputs, in addition to reducing the risk of a wave of inflation. “It is a contribution that we have as YPFB and the General State Treasury that helps maintain economic stability in the country and favors not affecting the purchasing power of the Bolivian population, for which national production and import of fuels are used. , inputs and additives”, added the authority.

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