Daily Archives: January 17, 2012

Bolivia needs to find more gas & oil

Milenio Foundation has published their report No129 dated January 13, 2012. As it can be seen in the chart to the right, Bolivia has been neglecting exploration of hydrocarbons, and that is absolutely irresponsible!!

The blue line shows how irrelevant and absurd is the amount of million dollars assigned for exploration. The green line shows the exploitation and the red os the total between 2006 and 2010.

Just remember that Argentina is not receiving what they hired us for, Jindal/El Mutun has no gas supply and we are importing gasoline and diesel!! It doesn’t take too much intelligence to see something is definitely wrong, regarding current government’s priorities. Demagogy, narcotraffick and pernicious bonuses clout the management of the State.

Bolivia is not creating jobs nor industries (private not state-owned), our own food security is at risk and our prime source of revenues is not competitive enough and inflation is in the verge. On top of that, yesterday this government failed to gather the political parties, to discuss important and pending issues for Bolivia. Freedom of the press, release of those imprisoned and justice for over 60 people dead already under this government deserve justice!!

If you want to see the full Spanish report, click Coy 129 – La importancia de una nueva ley de hidrocarburos con nuevos roles[1].