Bolivia and Norway Discuss Cooperation Program

BNamericas

Bolivia's hydrocarbons minister Andres Soliz has met with Norway's development and international cooperation minister Eric Solhein on future development of a cooperation program for the former's hydrocarbons industry, a Bolivian ministry spokesperson told BNamericas.

Although no concrete agreements were signed, the meeting marked the first step in developing joint projects with state and foreign capital.

"Really it was an explanation of the sector right now, of the [Bolivian government's] nationalization policy and of our projects so that the Norwegian delegates could know what is happening in Bolivia," the spokesperson said, clarifying a report from government news agency ABI.

"We have had a lot of failures in the political field, but in the hydrocarbons field we have had a lot of success," ABI quoted Solhein as saying.

Bolivia's government moved to nationalize its hydrocarbons assets in May.

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