Biodiesel will bring about the decrease of imports and the state diesel subsidy and the increase in the production of that fuel, within the framework of the energy security policy of the government, he highlighted.
Progressively, the current administration headed by President Luis Arce will give way to second-generation biofuels through urban residues, Molina added.
He explained that this means the development of important projects within the national plan, such as the construction of second-generation ecological diesel plants as well as of diesel based on agricultural products.
Those projects are part of the industrialization chain of Bolivian hydrocarbons launched by former President Evo Morales, which were later stalled from November 2019-2020 under the de facto regime of Jeanine Áñez, he said.
In addition, in order to seek more income for the country, Bolivian Fiscal Oil Fields (YPFB) signed yesterday a new contract for the trade of natural gas for the summer with Brazilian Petrobras oil company.
This and the objective of increasing hydrocarbon production and reserves are our priority, and we have not stopped working a single day to achieve this, YPFB CEO Wilson Zelaya said.
Early this month, the Minister of Hydrocarbons appointed Marcelo Gonzales to head the lithium industry to reactivate it after a year of being practically stalled, and in the ceremony, he described the articulation of the energy policy as important.