Chamber of Forestry proposes to increase exports up to $1.2 bn

The Bolivian Chamber of Forestry (CFB) proposed an increase of up to $1.2 billion in timber exports. The entity presented a reactivation plan that contemplates increasing production units and employment generation. Source: Ámbito

Unagro to produce 3.1 million quintals of sugar this year

The Unagro Sugar Mill began the 2021 harvest to reach 3.1 million quintals of sugar and 27.9 million litres of alcohol this year to reduce gasoline imports by producing ethanol as a substitute.

Public investment reached $1.3 bn in six months

The government reported yesterday that executed public investment reached approximately $1.3 billion in six months, from November 2020 to April 2021.

YPFB to sell gas for five years to Brazil’s MTGás

Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) and the company Mato-grossense de Gas (MTGás, Brazil) signed a "firm contract" for the commercialization of natural gas for five years for nine dollars per million BTU (British thermal unit). The contract will run from January 1, 2022, to December 31, 2026. Natural gas supply volumes will range between 133 and 215 MMCD (thousands of cubic meters per day).