RIO DE JANEIRO, BRAZIL – A study presented this Wednesday proposes “urgent” reforms at different levels of the hydrocarbons area in Bolivia, which in recent times has experienced a decline in natural gas reserves and little success in export tasks.
The “Brief analysis and perspective of the Bolivian natural gas industry: 1980-2021”, by an expert, who was the country’s Minister of Hydrocarbons, presents an overview of gas export negotiations, the boom period between 2006-2015, and recommendations for this sector.
During a telematic presentation, Medinaceli mentioned that Bolivia has an “institutional problem” and that a “legal reengineering” or the “change of the rules of the game” is necessary to revert Bolivia’s weakness as a supplier of energy.