Bolivia prohibits Gas Exports to New Markets crashing LNG Project
Article from: OGEL 1 (2004), in National and International Issues in Natural Gas Development
Introduction
This article analyses the consequences of the former President of the Republic of Bolivia's decision to subject new natural gas export projects to a referendum, on the LNG export project's feasibility. In October 2003, protests and demonstrations exploded in the streets of La Paz and El Alto, over a multitude of matters, including the export of natural gas and the benefits for the nation. It quickly escalated into what was later deemed the 'natural gas war'. Faced with a chaotic situation, former President Gonzalo Sanchez de Lozada, bought time by issuing a Supreme Decree that ...