COVID-19 Continues to Dampen Bolivia's Refining Rates, an Industrial Info Market Brief

Bolivian refiner Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) continues to struggle to improve production levels at its refineries. The 21,000-barrel-per-day (BBL/d) Guillermo Elder Bell Refinery is running at approximately 60% of total capacity, while the 38,500-BBL/d Gualberto Villarroel Refinery is at 55% capacity. YPFB was dealing with the same derated levels in May, which now are tentatively extended until late June if demand volume does not improve. The planned turnaround schedule for the Guillermo Elder Bell site remains in place for July, unless the company cannot meet the necessary staff to accomplish the work.