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Bolivia’s Morales May Seize More Oil Companies, La Razon Says

Bolivia’s President Evo Morales said he may seize more oil companies if they fail to meet investment commitments, daily La Razon reported.

Bolivia has the "capacity to recover shares from companies who are sabotaging investment," the La Paz-based newspaper reported Morales as saying. Last month he stripped Argentina’s Pan American Energy LLC of its stake in the $1.6 billion Caipipendi natural-gas project.