What Kind Of Boots Do Andy Sixx Wear

The country's oil revenues totaled U.S. $ 9.494 million

revenue for public purse totaled 9.494 million dollars in the last five years, from 2006 to 2010, in accordance with what was emphasized by the president of the Bolivian Fiscal Oilfields (YPFB ), Carlos Villegas, stressed by the head of state Evo Morales. Both officials stressed

these results ceremony commemorating the fifth anniversary of the "nationalization of hydrocarbons", held this Sunday in Senkata, involving workers of state oil company. The event

Senkata, the Head of State signed Decree 863 by setting the new pay scale for employees of YPFB.

public revenues of $ 9.494 million including direct tax on hydrocarbons (IDH) to the value added tax (VAT) to transactions (IT) to corporate profits (IUE), plus royalties for producing departments, more Beni and Pando, participation and YPFB Treasury also patents.

"These are the resources that today we would note that the cornerstone of the Bolivian economy is the oil sector and in particular YPFB," said Villegas, saying that "all enterprises (state oil companies) have results positive without exception. "

LIGHTS AND SHADOWS

YPFB President highlighting the "lights" recognized, too, "the shadow of nationalization," referring to the natural decline of oil fields, thus undermining self-sufficiency fuels market procedure. Just

to combat this problem, Villegas said the actions taken with investment plans and programs of the hydrocarbons exploration activities to ensure more bookings.

mentioned the scan result with the discovery of here that will provide 3 trillion cubic feet (TCF) of natural gas as part of the 43 operating contracts, YPFB signed with private companies they serve. investments are increasing, in 2009, we used $ 612 million, by 2010 climbed to 782 million and 2011 are scheduled for this 1.814 million. The aim is to "increase reserves to achieve higher production, have greater ability to transport and refining. "

The "first investment horizon, 2011 to 2015, programs the use of 9,300 million dollars, YPFB will bring that total 67 percent, and the remaining 33 percent of companies serving the country.

The "icon" is the gas for domestic consumption, said Villegas to mention that every year, invest 100 million dollars so far connected 185,498 homes between 2006 and 2010, benefiting 500,000 people.

emphasized the separation plant installation liquefiable flow of gas exported to Brazil and Argentina, reiterating that in December 2012 should be operational by the Rio Grande in Santa Cruz and at the end of 2013 the Gran Chaco of Tarija, a maximum of 2014. They ensure the supply of LPG and transform the country into an exporter of the fuel addition to adding fuel.

Regarding oil reserves, Villegas said that despite the fall, said the data made public for transparency. He said oil companies in the past conducted a "financial manipulation" pair being recorded on the foreign stock exchanges.

Among the challenges facing the sector, Villegas said the consolidation of the light aspects of nationalization and solve all the issues now become the shadows.

The Head of State stressed the "encouraging results" which gave Villegas, what "compromises and gives hope to all the Bolivian people."

"Thanks to the company and recovery policies not only our natural resources we are releasing", but "no longer a beggar state," Morales said in a short speech of circumstances.

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