President Evo Morales signed on May 1, 2006, the Decree #28701, placing Bolivia's energy industry under state control. Even companies such as the Brazilian Petrobras, the Spanish-Argentine Repsol YPF, France's Total, and even British Gas and British Petroleum were given a six-month deadline to renegotiate their contracts immediately.
It will be interesting to see if some of the rhetoric we are using against Chavez will now be shifted over to attack Morales.
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Bolivia
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