Bolivia's state-run energy company, YPFB, has said that it expects investment in the country's oil and gas sector to reach $2 billion in 2012, nearly doubling this year's record of $1.2 billion. While 64 percent will come from YPFB, the company expects the rest to come from the private sector. Is Bolivia's push to increase exploration, supply the domestic market and meet its contracts with Brazil and Argentina overly ambitious or does the state have the right plans in place? How important are hydrocarbons for the future of the Bolivian economy? What is the government doing right to promote private sector investment and where is it off the mark?
Inter-American Dialogue's Latin American Energy Advisor. "Are Bolivia's Plans for its Oil Sector Overly Ambitious?." (2012). http://digitalrepository.unm.edu/la_energy_dialog/186