ANNOUNCEMENT 23 Jan 2009In January 2009, the government of Bolivia announced altered domestic business conditions for foreign investors.
NUMBER OF INTERVENTIONS
La Nacion (2009) Evo Morales estatiza una petrolera que posee participaci?n argentina. Available from:
Bolivia: Decreto Supremo N? 29888, 23 de enero de 2009 (In Spanish) http://www.lexivox.org/norms/BO-DS-29888.xhtml.
On 23 January 2009, the government of Bolivia announced its decision to expropriate Chaco Petroleum. Chaco Petroleum before the expropriation was owned 49% by Yacimientos Petrolíferos Fiscales Bolivianos (the state-owned oil and gas company of Bolivia), and 51% by the Argentinian company Pan American Energy.