Bolivia Energy Reform Lets YPFB Skip Tenders and Buy Spot in Crisis

Key Points —President Paz signed Decree 5617 on April 29, authorizing state oil company YPFB to buy fuel directly on the international spot market without board approval or long-term contracts. —The Inter-American Development Bank approved an $800 million credit line for Bolivia on the same day, the largest multilateral infusion since Paz took office in […] The post Bolivia Energy Reform Lets YPFB Skip Tenders and Buy Spot in Crisis appeared first on The Rio Times .

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