Brazil has reduced its demand for Bolivian natural gas to 24 million cubic meters per day, prompting a drop in production, according to reports in the La Paz press. Read full article
There is a huge market for the Bolivian gas, but the hard feelings from the Pacific War , nearly two centuries ago, has Bolivia preferring to starve in the dark, and sell cocaine rather that exploit a huge natural reservoir. Brazil will not honor the take or pay contracts, and Bolivia will end up chewing coca and remaining the poorest nation in latin america.
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Disclaimer & comment rulesThere is a huge market for the Bolivian gas, but the hard feelings from the Pacific War , nearly two centuries ago, has Bolivia preferring to starve in the dark, and sell cocaine rather that exploit a huge natural reservoir. Brazil will not honor the take or pay contracts, and Bolivia will end up chewing coca and remaining the poorest nation in latin america.
Aug 02nd, 2009 - 05:56 pm - Link - Report abuse 0Commenting for this story is now closed.
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