Bolivia Obtains Credit Lines to Guarantee Fuel Imports: Minister

Bolivia has obtained credit lines from multilateral lenders and fuel traders to guarantee fuel supply, Hydrocarbons and Energy Minister Mauricio Medinaceli said in a press conference via webcast, without disclosing money amounts.

• Medinaceli didn’t offer further details, saying the Finance Ministry handled the negotiations
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• State-owned subsidiary Botrading, created in Paraguay for fuel imports, will be closed, Medinaceli said
• The private sector will play a greater role importing fuel in the short term, Medinaceli said
• Bolivia will review its fuel pricing scheme in the coming weeks, with plans to lift subsidies, ...