Bolivia Plans Gas Concessions for First Time Since Seizures
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Bolivia plans to award oil and natural-gas exploration contracts this year in a bid to lure back foreign investments five years after President Evo Morales seized fields and refineries, the state oil company said.
Bolivia aims to grant the concessions for the first time since the seizure, with state-owned Yacimientos Petroliferos Fiscales Bolivianos, known as YPFB, as the majority partner, Chief Executive Officer Carlos Villegas said in a May 1 interview in La Paz.