Bolivia seeks to cover its energy gap with unconventional measures. President Luis Arce has just inaugurated a state agrofuels plant.
Yacimientos Fiscales Petrolófilos Bolivianos (YPFB) launched a tender to search for unconventional oil and gas. In 2023, Bolivia imported 1 billion dollars more hydrocarbons than it exported, due to the drop in its gas sales. This imbalance is behind the disappearance of its foreign reserves and its exchange crisis.