ASSESSMENTS

South America and the Energy Merry-Go-Round

MIN READSep 28, 2017 | 17:39 GMT

An oil platform rests temporarily in Guanabara Bay in Rio de Janeiro. Brazil's president has been trying to boost oil and gas production by trimming government regulations.

(YASUYOSHI CHIBA/AFP/Getty Images)

The winds of political and economic change are blowing through Argentina and Brazil, and Bolivia may be forced to take cover. Large natural gas shale reserves in Argentina and oil fields in Brazil will become more attractive to foreign and domestic energy investors because of regulatory changes currently underway. Both countries are moving to increase their hydrocarbon production, and their efforts stand to make them less dependent on Bolivia's natural gas in the next five years. The shift will force Bolivia to normalize its long-strained relations with Chile, which has the Pacific ports it needs to exports its gas beyond Brazil and Argentina. ...

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