Bolivia plans to invest 1.73 billion US dollars in the energy industry in 2011, focusing on gas to ensure adequate production to supply Argentina and Brazil, as well as the domestic market, the head of state-owned oil company YPFB, Carlos Villegas, said.
Bolivia formally recognized Palestine as an independent and sovereign state within the 1967 borders, Bolivian President Evo Morales announced Wednesday. Reports last week indicated that such a decision was imminent
President Evo Morales announced on Friday that Bolivia would recognize Palestine as an independent sovereign state. The Bolivian leader made the statement during the Mercosur summit in Brazil.
The Bolivian Space Agency (ABE) and the Chinese Great Wall Industry Corporation signed a commercial contract for the construction and launching of the first Bolivian telecommunications satellite, which has been baptized Tupac Katari.
Chile is willing to cooperate with a sea-outlet for landlocked Bolivia but will not cede sovereignty because “we will never accept something that divides the country in two”, said the Chilean Foreign Affairs minister Alfredo Moreno.
Bolivian President Evo Morales delivered a blunt reply on Monday to visiting US Secretary of Defence Robert Gates's warning about dealings with Iran, saying Bolivia will ally with whomever it wants.
According to a recent audit commissioned by the Bolivian government and conducted by US-based consulting firm Ryder Scott allegedly shows that the country has only 8.3 trillion cubic feet of proven gas reserves, sharply lower than the range of 12.8 trillion to 26.7 trillion that has appeared in contradictory official versions.
Bolivian president Evo Morales is considering the purchase of naval vessels to operate from the port of Ilo on the South Pacific coast helping the country to develop for the first time in 130 years its maritime resources.
Bolivian President Evo Morales announced Wednesday the expropriation and transfer to a provincial government of the 33% stake in the regional cement factory Fancesa.
A total of 19 pink freshwater dolphins belonging to an extremely rare species living in the east of landlocked Bolivia have been rescued from a river covered in mud and deforestation residue, reported the Santa Cruz province governors’ office.