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Natural Gas In Bolivia
Natural gas in Bolivia is one of the nation's main energy sources and export products. Bolivia's proved natural gas reserves are estimated to be 10.7 (TCF) (31 December 2017 est.).. Most of these reserves are located in the eastern region of the country. The major export pipelines in Bolivia transport the gas to Argentina and Brazil. In 1994 the natural gas sector was privatized, and it was subsequently re-nationalized in 2006 by president Evo Morales after popular protests during the 2005 Bolivian gas conflict. Historical background "Bolivia's economic history reveals a pattern of a single-commodity focus",http://lcweb2.loc.gov/frd/cs/botoc.html Library of Congress. Country Studies. Bolivia diversification has only occasionally being the case, due to political and geographical problems. Currently, the situation is no different, and the commodity of the day is natural gas. Natural gas first became significant in Bolivia only relatively recently, after vast discoveries of fields in ...
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Environment Of Bolivia
Major environmental issues in Bolivia include managing its forests, preserving the country's levels of biodiversity, maintaining ecologically important protected areas, coping with the effects of climate change, and dealing with the environmental impact of agriculture, environmental consequences of agriculture, environmental impact of mining, mining, environmental impact of the petroleum industry, oil and Natural_gas_in_Bolivia, gas development, and transportation infrastructure. Bolivia’s history of slash-and-burn agriculture, overgrazing, and industrial pollution has caused significant concern among environmentalists. Soil erosion, made worse by seasonal flooding, and contaminated water supplies are Bolivia’s most pressing environmental problems. The National Service for Protected Areas, established in 1998, currently manages 21 protected areas. Deforestation Bolivia holds an important share of global forest cover. , its primary forest cover was 36.2 million hectares, the 13t ...
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Gonzalo Sánchez De Lozada
Gonzalo Sánchez de Lozada Sánchez Bustamante (born 1 July 1930), often referred to as Goni, is a Bolivian businessman and politician who served as the 61st president of Bolivia from 1993 to 1997 and from 2002 to 2003. A member of the Revolutionary Nationalist Movement (MNR), he previously served as minister of planning and coordination under Víctor Paz Estenssoro and succeeded him as the MNR's national chief in 1990. As minister of planning, Sánchez de Lozada employed "shock therapy" in 1985 to cut hyperinflation from an estimated 25,000% to a single digit within a period of less than six weeks. Sánchez de Lozada was twice elected president of Bolivia, both times on the MNR ticket. During his first term (1993–1997), he initiated a series of landmark social, economic and constitutional reforms. Elected to a second term in 2002, he struggled with protests and events in October 2003 related to the Bolivian gas conflict. According to official reports, 59 protestors, ten sol ...
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Natural Gas In Bolivia
Natural gas in Bolivia is one of the nation's main energy sources and export products. Bolivia's proved natural gas reserves are estimated to be 10.7 (TCF) (31 December 2017 est.).. Most of these reserves are located in the eastern region of the country. The major export pipelines in Bolivia transport the gas to Argentina and Brazil. In 1994 the natural gas sector was privatized, and it was subsequently re-nationalized in 2006 by president Evo Morales after popular protests during the 2005 Bolivian gas conflict. Historical background "Bolivia's economic history reveals a pattern of a single-commodity focus",http://lcweb2.loc.gov/frd/cs/botoc.html Library of Congress. Country Studies. Bolivia diversification has only occasionally being the case, due to political and geographical problems. Currently, the situation is no different, and the commodity of the day is natural gas. Natural gas first became significant in Bolivia only relatively recently, after vast discoveries of fields in ...
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Yabog Pipeline
The Yabog (Yacimientos-Bolivian Gulf) pipeline is a natural gas pipeline. It is long and connects Río Grande in Santa Cruz de la Sierra, Bolivia, with Campo Duran in Salta Province, Argentina. The pipeline was commissioned in 1972. History A contract concerning the Yabog pipeline between the Government of Bolivia and oil companies YPFB and Gulf Oil was signed in August 1968. Financing for the project was provided by the World Bank and US private firms. Construction began in 1970, and the pipeline began operating in 1972. Technical features The diameter of the pipeline is and the annual capacity is 2.19 billion cubic meters. The Bolivian section is operated by Transredes, a subsidiary of YPFB, and the Argentinian section is operated by Transportadora de Gas del Norte, a subsidiary of Gasinvest S.A. See also * Gasoducto del Noreste Argentino * Cruz del Sur pipeline * GasAndes Pipeline * Paraná–Uruguaiana pipeline * Natural gas in Bolivia Natural gas in Boliv ...
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Bolivian
Bolivian may refer to: * Something of, or related to Bolivia ** Bolivian people ** Demographics of Bolivia ** Culture of Bolivia * SS ''Bolivian'', a British-built standard cargo ship A cargo ship or freighter is a merchant ship that carries cargo, goods, and materials from one port to another. Thousands of cargo carriers ply the world's seas and oceans each year, handling the bulk of international trade. Cargo ships are usu ... {{disambig ...
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Petrobrás
Petróleo Brasileiro S.A., better known by the portmanteau Petrobras (), is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras. The company was ranked #181 in the most recent Fortune Global 500 list. In the 2020 Forbes Global 2000, Petrobras was ranked as the 65th-largest public company in the world.' History Petrobras was created in 1953 under the government of Brazilian president Getúlio Vargas with the slogan "The Oil is Ours" (Portuguese: "O petróleo é nosso"). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company's REDUC refinery began operations near Rio de Janeiro, and in 1963, its Cenpes research center opened in Rio de Janeiro; it remains one of the world's largest centers dedicated to energy research. In 1968, the company established Petrobras Quimica ...
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Hugo Banzer Suárez
Hugo Banzer Suárez (; 10 May 1926 – 5 May 2002) was a Bolivian politician and military officer who served as the 51st president of Bolivia. He held the Bolivian presidency twice: from 1971 to 1978 in a military dictatorship; and then again from 1997 to 2001, as a democratically elected president. Banzer, rose to power via a coup d'état against socialist president Juan José Torres and repressed labor leaders, clergymen, indigenous people, and students during his 1971–1978 dictatorship. Several thousand Bolivians were either forced to seek asylum in foreign countries, arrested, tortured, or killed during this period, known as the ''Banzerato''. After Banzer's removal via a coup led by Juan Pereda, he remained an influential figure in Bolivian politics and would run for election to the presidency via the ballot box on several occasions, eventually succeeding in 1997 via a narrow plurality of 22.26% of the popular vote. During Banzer's constitutional term, he extended ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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Bolivia Gas Production
, image_flag = Bandera de Bolivia (Estado).svg , flag_alt = Horizontal tricolor (red, yellow, and green from top to bottom) with the coat of arms of Bolivia in the center , flag_alt2 = 7 × 7 square patchwork with the (top left to bottom right) diagonals forming colored stripes (green, blue, purple, red, orange, yellow, white, green, blue, purple, red, orange, yellow, from top right to bottom left) , other_symbol = , other_symbol_type = Dual flag: , image_coat = Escudo de Bolivia.svg , national_anthem = " National Anthem of Bolivia" , image_map = BOL orthographic.svg , map_width = 220px , alt_map = , image_map2 = , alt_map2 = , map_caption = , capital = La Paz Sucre , largest_city = , official_languages = Spanish , languages_type = Co-official languages , languages ...
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Bolivia
, image_flag = Bandera de Bolivia (Estado).svg , flag_alt = Horizontal tricolor (red, yellow, and green from top to bottom) with the coat of arms of Bolivia in the center , flag_alt2 = 7 × 7 square patchwork with the (top left to bottom right) diagonals forming colored stripes (green, blue, purple, red, orange, yellow, white, green, blue, purple, red, orange, yellow, from top right to bottom left) , other_symbol = , other_symbol_type = Dual flag: , image_coat = Escudo de Bolivia.svg , national_anthem = " National Anthem of Bolivia" , image_map = BOL orthographic.svg , map_width = 220px , alt_map = , image_map2 = , alt_map2 = , map_caption = , capital = La Paz Sucre , largest_city = , official_languages = Spanish , languages_type = Co-official languages , languages ...
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Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ...
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Paz Estenssoro
Pas or PAZ may refer to: Places * Paz, Croatia, a village and castle ruin in Istria, Croatia * Pads, Iran or Faz, a village in Razavi Khorasan Province, Iran Organisations * Pavlovo Bus Factory or ''Pavlovsky Avtobusny Zavod'', a Russian bus company * Paz Oil Company, an Israeli fuel company * El Tajín National Airport's IATA code People with the surname Paz is a Spanish and Portuguese language surname. * José C. Paz (1842–1912), Argentine politician * Luis Paz (1854–1920), Bolivian jurist * Víctor Paz Estenssoro (1907-2001), Bolivian politician * Octavio Paz (1914–1998), Mexican writer and Nobel Prize winner * Pilar Paz Pasamar (1932–2019), Spanish poet and writer * Rodrigo Paz (1933–2021), Ecuadorian politician * Jaime Paz Zamora (born 1939), Bolivian politician * Rubén Paz (born 1959), Uruguayan former association football player * Vinny Paz (born 1962), American former boxer * Mercedes Paz (born 1966), Argentine former professional tennis player * Rodrigo ...
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