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December 8, 2024
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Government says that oil demand represents less than 20% of total production

Government says that oil demand represents less than 20% of total production

December 7, 2024, 9:15 PM

December 7, 2024, 9:15 PM

The Minister of the Presidency, María Nela Prada, reported at a press conference that The demand for edible oil in the country represents less than 20% of total production and pointed out that there are “sabotage and shortage operations” to generate discontent in the Bolivian population.

“The demand for oil in our country, for the domestic market, represents less than 20% of total oil production. Hence “There should not be any type of shortage in the domestic market”Prada assured the media.

The Minister of State, according to the state media report, explained that, The supply of refined soybean oil in the country is 457,292 tons, Exports reached a volume of 328,609 tons and internal consumption reached, until November 15, 75,992 tons. It is estimated that national demand until December 31 is 12,944 tons.

Prada highlighted that even complying with the domestic market and exports, there is a balance of 39,747 tons.

“They are some unscrupulous people who, unfortunately, for political or For economic interests they hide the product to wait for the price to rise more and earn more at the expense of harming the population,” he denounced.

He also indicated that there is oil production and what happens is that “unscrupulous people commit” the crime of agio and “hidden” speculation to then market the product at high prices.

“There are sabotage and shortage operations with something as sensitive as the food of Bolivian families. Part of this economic war that we are facing, we are seeing it in many spheres,” he said.

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