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Bolivia Temporarily Intervenes State Oil Company and Fuel Regulator

Audits will target contaminated fuel, diversion and distribution failures with the goal of returning YPFB to exploration and refining.

Overview

  • The government issued two supreme decrees to place Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) and the Agencia Nacional de Hidrocarburos (ANH) under temporary, 180‑day ministerial intervention to audit operations and personnel.
  • Commissions made up of ministers and the Viceministry of Transparency will review importation, storage, transport and distribution records and can recommend audits or refer findings to the Contraloría, Ministerio Público and Procuraduría.
  • Authorities say inspections already found contaminants such as rubber and manganese in storage tanks and identified irregular tank records, altered geolocation data and transport capacity mismatches that may explain vehicle damage and fuel losses.
  • The Executive plans to progressively remove YPFB’s commercial role in importing and distributing fuels so the company focuses on exploration, production and refining, while opening room for private participation in commercialization.
  • Bolivia’s heavy import dependence—about 60% of gasoline and 95% of diesel—and a near $90 million weekly import bill have driven policy shifts since 2024 and helped trigger price changes, protests and road blockades that continue to affect drivers and transporters.