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BOLIVIA: MASSIVE PROTESTS AFTER CONGRESS PASSES HYDROCARBONS LAW

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/11012

BOLIVIA: MASSIVE PROTESTS AFTER CONGRESS PASSES HYDROCARBONS LAW

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Title: BOLIVIA: MASSIVE PROTESTS AFTER CONGRESS PASSES HYDROCARBONS LAW
Author: NotiSur writers
Subject(s): BOLIVIA: MASSIVE PROTESTS AFTER CONGRESS PASSES HYDROCARBONS LAW
massive protests
Senate President Hormando Vaca Diez
nationalization hydrocarbon resources
taxes
foreign oil companies
Vaca Diez
Jose Galindo
British Petroleum
British gas
Repsol
Total
gas lines
Camara Boliviana de Hidrocarburos
Evo Morales
Movimiento al Socialismo
MAS
oil fields
Central Obrera Bolivina
COB
anti-oligarchic
labor and indigenous leaders
El Alto
Carlos Mesa
Abstract: Bolivian President Carlos Mesa refused to promulgate a Hydrocarbons Law that Congress sent him on May 6, leaving it up to Senate president Hormando Vaca Diez to sign the bill. The law failed to satisfy indigenous and labor sectors that wanted either a larger increase in the tax and royalties charged to corporations for hydrocarbons or the complete nationalization of hydrocarbon resources, as well as petroleum corporations that have contracts with Bolivia and business organizations within the country. Mass protests paralyzed the capital while a cartel of petroleum companies froze investments in Bolivia.
Date: 2005-05-27
URI: http://hdl.handle.net/1928/11012

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