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Are Bolivia's Plans for its Oil Sector Overly Ambitious?

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/19403

Are Bolivia's Plans for its Oil Sector Overly Ambitious?

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Title: Are Bolivia's Plans for its Oil Sector Overly Ambitious?
Author: Inter-American Dialogue’s Latin American Energy Advisor
Subject(s): Latin America
Bolivia
oil
sector
energy
YPFB
exploration
supply
hydrocarbons
economy
private investment
Evo Morales
market
production
Brazil
Argentina
natural gas
nationalization
subsidies
Abstract: Bolivia's state-run energy company, YPFB, has said that it expects investment in the country's oil and gas sector to reach $2 billion in 2012, nearly doubling this year's record of $1.2 billion. While 64 percent will come from YPFB, the company expects the rest to come from the private sector. Is Bolivia's push to increase exploration, supply the domestic market and meet its contracts with Brazil and Argentina overly ambitious or does the state have the right plans in place? How important are hydrocarbons for the future of the Bolivian economy? What is the government doing right to promote private sector investment and where is it off the mark?
Date: 2012-01-23
Publisher: Inter-American Dialogue
Citation: Inter-American Dialogue’s Latin American Energy Advisor, January 23-27, 2012; pp. 1, 3, 5.
URI: http://hdl.handle.net/1928/19403
Available at: http://www.thedialogue.org

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