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Bolivia's Key Energy Statistics world rank
total energy production
quadrillion Btu
total energy consumption
quadrillion Btu
dry natural gas exports
billion cubic feet
dry natural gas production
billion cubic feet
natural gas reserves
trillion cubic feet
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Map of Bolivia
Map of Bolivia

Analysis - Energy Sector Highlights Last updated: July 2015

  • Hydrocarbons, primarily natural gas, are an important element of Bolivia's economy and account for 8% of the country's GDP. Bolivia's hydrocarbon exports accounted for 54% of total export revenue in 2014. The recent drop in oil prices caused Bolivia's energy export revenues to fall by nearly 1% to $6.57 billion in 2014 and is expected to negatively impact the amount of investment in hydrocarbon projects in Bolivia.
  • Traditional biomass is an important fuel for heating and cooking, especially for the 1.2 million Bolivians who lack access to electricity, according to the International Energy Agency's latest 2012 estimates. The electrification rate of 88% masks the disparity in urban and rural populations: more than 99% of city dwellers have access to electricity, compared to 66% of those living in rural areas. For those who have access to electricity, natural gas-fired plants and hydropower are the dominant sources of Bolivia's electricity supply.
  • In 2014, Bolivia's petroleum and other liquids production were an estimated 67,000 barrels per day (b/d), while consumption was nearly 64,000 b/d as of 2014. The country has two oil refineries with a total crude oil distillation capacity of 52,350 b/d and meets most of its petroleum product consumption through domestic supply.
  • Bolivia is a net importer of petroleum and other liquids. Bolivia exported 13,000 b/d of crude oil in 2014, with nearly half sent to Argentina. At the same time, Bolivia imported over 22,000 b/d of refined petroleum products, mostly from Chile, Argentina, and the United States.
  • Foreign and domestic investment in the Bolivian hydrocarbon industry has enabled Bolivia's dry natural gas production to more than double in the past decade from 355 billion cubic feet (Bcf) in 2004 to 735 Bcf in 2013. Tarija, which accounts for 70% of Bolivia's natural gas production, is one of the most important regions to Bolivia's hydrocarbon sector because of its location near natural gas pipelines and its sizeable reserves.

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