Watching Government - Energy referendum

08/02/2004
Bolivian President Carlos Mesa faces the daunting task of keeping both voters and investors happy following a referendum meant to ensure a large government role in the country's growing energy sector.With the second largest natural gas reserves in South America, Bolivia has the potential to become a gas hub in the region, as well as an LNG exporter to Mexico and the US, according to the US Energy Information Administration.An explosive topicInternal tensions over the role foreign companies should play in expanding gas exports turned into a riot last October after the government approved a plan to build a gas export pipeline to Chile in support of LNG exports.The ensuing violence force...
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