Bolivia: Corruption and errors in Petroleum contracts hinders nationalization of natural gas

Abstract

Bolivian President Evo Morales has reacted angrily to revelations that there was corruption among members of his Movimiento al Socialismo (MAS) in the setup of contracts to extract the country\u27s large natural-gas reserves. Legislators from the conservative opposition party Poder Democratico y Social (Podemos) have been raising significant criticisms regarding errors in natural-gas contracts arranged by the Morales administration. The controversy, which has bogged down the nationalization of Bolivia\u27s natural-gas resources, led to the firing of the head of the state petroleum company

    Similar works