Document Type
Article
Publication Date
5-25-2010
Abstract
Bolivian President Evo Morales has successfully negotiated a commitment from the Brazilian government to pay higher prices for the natural gas it imports from Bolivia. Negotiations had been a long-term strain between the two neighbors, with Brazil's state oil company Petroleo Brasileiro SA (Petrobras) seeking to maintain lower purchase rates as it bought Bolivia's ample natural-gas resources. The announcement of the higher price helped Morales somewhat in domestic politics, with his administration's party the Movimiento al Socialismo (MAS) facing corruption allegations and allegations of bungling negotiations of the gas-extraction contracts with foreign petroleum companies.
Language
English
Recommended Citation
NotiSur writers. "Bolivia gets Brazil to agree to pay higher prices for natural gas." (2010). https://digitalrepository.unm.edu/la_energy_notien/127
