President signs energy contracts
- Share via
From Times Wire Reports
President Evo Morales signed into law contracts giving the government control over foreign energy companies’ operations, completing a process started on May 1 with the nationalization of Bolivia’s petroleum industry.
The deals, signed by the companies last month, also grant Morales’ government a majority share of the foreign companies’ revenue generated in Bolivia.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
