Bolivia’s government requests legislative authorization for five oil contracts

They will involve a total investment of more than US$582 million.

RIO DE JANEIRO, BRAZIL - On Wednesday, July 13, the Bolivian government announced it had asked the legislature for authorization to sign five new oil exploration and exploitation contracts in the east and south of the country that will require a total investment of more than US$582 million.

The Minister of Hydrocarbons and Energy, Franklin Molina, told the media that five "draft bills" were sent to Parliament requesting "authorization to sign five new oil service contracts for . . .

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