Head of Bolivian State Oil Company Quits After Less Than a Month

A worker at the Yacimientos Petroliferos Fiscales Bolivianos biodiesel plant near Santa Cruz de la Sierra, Bolivia.Photographer: Marcelo Perez del Carpio/Bloomberg

The head of Bolivia’s state-run oil company stepped down just three weeks into the job, as the country struggles with an energy crisis that’s left long lines at gas stations in major cities.

Claudia Cronenbold, who took the reins as president of Yacimientos Petroliferos Fiscales Bolivianos on March 30, resigned Wednesday. YPFB “is in significantly worse condition than expected,” she said in her resignation letterBloomberg Terminal.