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Regional powers / Comment

Brazil and Bolivia: the hydrocarbon "conflict"

15/11/2006 By Sarah-Lea John de Sousa

On 29 October, Petrobrás, the Brazilian oil company, signed after long, intense negotiations, an agreement that will allow it to keep operating in Bolivia.

In the last few months, bilateral relations between Brazil and Bolivia have been marked by tension due to the nationalisation of Bolivian hydrocarbons, which affected Petrobrás to a large extent.

At the moment, both countries have become close again. Traditionally, both countries have maintained friendly relations. Moreover, Brazil has also played a major mediating role in the political crisis of 2003 and the turmoil of late 2005.


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Publishing groups

IBSA: India, Brazil, South Africa

Keywords

Bolivia Brazil Conflict Conflict prevention Energy Latin America & Caribbean Mediation Regional powers

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Bio author: Sarah-Lea John de Sousa

MA in Regional Sciences of Latin America (RWL) from the University of Cologne and currently studying her PhD in International Relations at the University Complutense of Madrid. Sarah-Lea John de Sousa has been development project manager at the agency Chuconsultig Germany.