YPFB invoices more than USD 79.16 million for LPG sales to Brazil, Paraguay and Peru

This YPFB release was published using machine translation.

Santa Cruz, Jan 22, 2023 (AN-YPFB) ) to the markets of Brazil, Paraguay and Peru, reported the president of YPFB, Armin Dorgathen Tapia.

Based on the signed LPG purchase and sale contracts, more than USD 32.48 million was invoiced to the Paraguayan market, more than USD 25.36 million to the Brazilian market and USD 21.32 million to Peru for the aforementioned commercialization.

“During 2022, more than 132,775 metric tons (MT) of LPG were sold to neighboring countries, a volume that allowed generating income from the export of this product. YPFB is a reliable, competitive, efficient and highly dynamic supplier in its operations”, indicated the president of the state oil company.

YPFB aims to position itself as a strategic ally provider and a fundamental piece for the region, considering that the amount invoiced in the aforementioned period is 7.63% higher than that registered between January and December 2021, a stage in which more than USD 73 was invoiced. 55 million for that same concept.

However, due to the social conflict that arose in the department of Santa Cruz, LPG exports were negatively affected in the last quarter of 2022, to reach the expected results.

YPFB complies with the constitutional mandate of prioritizing supply to the domestic market, and having achieved self-sufficiency in this product with the construction of the Río Grande de Santa Cruz and Carlos Villegas Quiroga de Tarija liquid separation plants, exports the surplus to the countries quoted, depending on the excess volume available according to current regulations.

On the other hand, the behavior of prices in the international market in the first half of 2022 contributed favorably to the income obtained.

Due to compliance with the customs formalities in force, the export of LPG is welcomed with the physical exit of the national customs territory within a period of 60 calendar days, a period that may be extended with prior justification for another sixty days. The export is legalized through the issuance of the exit certificate, a customs document that proves that the exported product actually left the national customs territory, an aspect that may be reflected in the reports issued by other national entities in charge of trade statistical data. Exterior.