The Dilemmas of Tariquía
Bolivia currently faces a critical economic juncture, forcing the government to choose between economic stabilization and environmental conservation. The discovery of the DMO-X3 well near the Tariquía National Reserve epitomizes this dilemma: while the potential 2 TCF of gas could provide vital foreign currency and energy security through exports, the project faces intense opposition due to its proximity to a protected ecosystem and indigenous lands. Ultimately, the situation suggests a shift toward a strategic energy transition, where new gas finds are exported to maximize revenue while the domestic power grid aggressively pivots toward renewable sources to reduce internal gas dependency.
Energy Transition or Energy Diversification?
Due to the reality of the Bolivian energy sector, various arguments advocate for an energy transition rather than mere “diversification” or a simple change in the energy mix, as the new Minister of Hydrocarbons intends.
Electric cars in Bolivia: an obstacle course
The fuel crisis in Bolivia has two structural solutions, in the sense that both aim to reduce the demand for liquid fuels. The first is to convert cars with petrol engines to CNG (Car Natural Gas). The irrefutable convenience of this conversion for the user and for the State has already been demonstrated and I […]
It’s no longer a crisis, it’s a collapse
Bolivia suffers from fuel shortages, which can be felt in the endless queues at the pumps. It is a crisis that is approaching an energy collapse, not yet as serious as the one suffered by Cuba and Ecuador, but which is going in that direction. We know the causes, but we understand less about YPFB’s […]