Bolivia investing $40M in second biodiesel facility

In Bolivia, the national government, through YPFB, the operational arm of the Nationalization of Hydrocarbons, will build the second biodiesel and derivatives plant “Heroes de Senkata” in El Alto, with an investment of approximately $40 million.

The plant will have the capacity to produce 1,500 barrels per day of biodiesel, which will allow the reduction of diesel imports, the subsidy for this fuel, will generate 500 direct jobs, 864 indirect jobs and will prevent the outflow of foreign currency. The execution of the work will be in charge of YPFB Refinación and the start of operations is expected at the end of 2024.