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Thursday, September 3, 2026 · UTC
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Bolivia Intervenes State Oil Company YPFB Amid Fuel Crisis

Bolivia's government ordered the extraordinary intervention of state oil firm YPFB to address fuel supply irregularities.

TruthFoundry News Desk
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Stands on 12 placed sources from 4 publishers.
As of 2026-09-03 02:02 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The government of Bolivia issued decree 5697 on 2026-06-25 to order the extraordinary and temporary intervention of the state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). [1] The government of Bolivia ordered the extraordinary intervention of the state oil company YPFB on Tuesday to address a severe fuel shortage crisis. [2] The Bolivian government announced on Wednesday that it has placed the state oil company YPFB under temporary supervision due to deficiencies in fuel importation and distribution. [3] A Special Extraordinary State Intervention Commission was created, composed of the ministers of Economy and Public Finance, Sustainable Production, Hydrocarbons and Energies, Public Works, Services and Housing, and the Deputy Minister of Transparency. [4] Since 2024, the supply of liquid fuels in Bolivia has been irregular, causing long queues of vehicles waiting for hours or days to refuel. [5] President Rodrigo Paz eliminated fuel subsidies in December, ending the policies of the socialist governments of Evo Morales and Luis Arce. [6] Rodrigo Paz, the center-right president who took office in November 2025, faces a severe fuel supply shortage that has become the main obstacle to his administration. [7] The intervention decree authorizes a commission of ministers to conduct audits and analyze the logistics chain for up to 180 days without suppressing the company. [8] Bolivia relies heavily on imports for its fuel market, with approximately 60% of gasoline and 95% of diesel consumption coming from abroad, costing an estimated 90 million dollars weekly. [9] The government eliminated fuel subsidies in December 2025 to conserve foreign reserves, and subsequently doubled the price of diesel to US$1.50 per liter to curb smuggling, measures that have failed to stop long lines and protests. [10] The intervention aims to protect state interests and recover operational efficiency, with a duration of up to 180 days that can be extended once by an additional 90 days if circumstances persist. [11] Marcelo Blanco, the Minister of Hydrocarbons, attributed the chronic shortage to logistical deficiencies in importation and distribution by YPFB. [12]
What this stands on
  1. The government of Bolivia issued decree 5697 on 2026-06-25 to order the extraordinary and temporary intervention of the state oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB). · El Universal
  2. The government of Bolivia ordered the extraordinary intervention of the state oil company YPFB on Tuesday to address a severe fuel shortage crisis. · El Economista
  3. The Bolivian government announced on Wednesday that it has placed the state oil company YPFB under temporary supervision due to deficiencies in fuel importation and distribution. · El Universo
  4. A Special Extraordinary State Intervention Commission was created, composed of the ministers of Economy and Public Finance, Sustainable Production, Hydrocarbons and Energies, Public Works, Services and Housing, and the Deputy Minister of Transparency. · El Universal
  5. Since 2024, the supply of liquid fuels in Bolivia has been irregular, causing long queues of vehicles waiting for hours or days to refuel. · El Universal
  6. President Rodrigo Paz eliminated fuel subsidies in December, ending the policies of the socialist governments of Evo Morales and Luis Arce. · El Economista
  7. Rodrigo Paz, the center-right president who took office in November 2025, faces a severe fuel supply shortage that has become the main obstacle to his administration. · El Economista
  8. The intervention decree authorizes a commission of ministers to conduct audits and analyze the logistics chain for up to 180 days without suppressing the company. · El Economista
  9. Bolivia relies heavily on imports for its fuel market, with approximately 60% of gasoline and 95% of diesel consumption coming from abroad, costing an estimated 90 million dollars weekly. · La República.pePeru
  10. The government eliminated fuel subsidies in December 2025 to conserve foreign reserves, and subsequently doubled the price of diesel to US$1.50 per liter to curb smuggling, measures that have failed to stop long lines and protests. · La República.pePeru
  11. The intervention aims to protect state interests and recover operational efficiency, with a duration of up to 180 days that can be extended once by an additional 90 days if circumstances persist. · La República.pePeru
  12. Marcelo Blanco, the Minister of Hydrocarbons, attributed the chronic shortage to logistical deficiencies in importation and distribution by YPFB. · El Universo
The one we could place publishes from Peru. 3 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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