Bolivian petroleum privatization taking shape

Journal Article · Mon Aug 07 04:00:00 EDT 1995 · Oil and Gas Journal

OSTI ID:89585

Bolivia is boldly embracing a free market philosophy that extends to liberalization of the country`s petroleum sector. Although petroleum industry privatization is being considered by several South American countries, only Argentina has so far completely opened its oil sector and fully privatized its state oil company. The Bolivian government`s own version of privatization, capitalization, is a groundbreaking attempt to attract massive investment from the private sector without leaving the government open to accusations of stripping the country`s assets for short term electoral gain. The paper discusses the government`s strategy to sell the state owned company either as a single unit or to split it into upstream and downstream units. Questions still to be resolved, international interest in the move, bolivian potential, and the gas supply infrastructure are also discussed.

• OSTI ID: 89585
• Journal Information: Oil and Gas Journal, Journal Name: Oil and Gas Journal Journal Issue: 32 Vol. 93; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING, POLICY, AND ECONOMY
BOLIVIA
ENERGY POLICY
ENERGY SUPPLIES
INVESTMENT
NATURAL GAS
NATURAL GAS INDUSTRY
OWNERSHIP
PETROLEUM INDUSTRY
PIPELINES
RESOURCE POTENTIAL
SEDIMENTARY BASINS
TRANSPORT