tag:blogger.com,1999:blog-32492462.post6396496604518981168..comments2023-12-27T05:36:10.037+11:00Comments on Bolivia Rising: Warnings in Bolivia that the sale of gas to Argentina is at riskBolivia Risinghttp://www.blogger.com/profile/07931217260294325442noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-32492462.post-36538465900474598332007-03-23T00:12:00.000+11:002007-03-23T00:12:00.000+11:00Bolivia to Activate Transnational SupervisionLa Pa...Bolivia to Activate Transnational Supervision<BR/><BR/>La Paz, Mar 21 (Prensa Latina) The Bolivian government will shape a permanent supervisory committee that will be in charge of approving the recoverable expenses of oil transnationals, and avoiding embezzlement or extravagant expenses, press reported on Wednesday.<BR/><BR/>Hydrocarbon Minister Carlos Villegas announced the decision in a congressional hearing, in which he said, faced with opposition criticism, "the recoverable expenses are part of any contract, and this is not from another world."<BR/><BR/>Villegas ratified the advantages of the mentioned negotiations for the State in that hearing, in which the mistakes of 44 oil contracts that were signed by the government with 12 foreign companies are currently investigated, according to La Opinion Daily.<BR/><BR/>Deputy of government Movement Towards Socialism (MAS) Milena Hinojosa considered that the initiative´s success will depend on the executive´s use of the right people.<BR/><BR/>This kind of committee has always been included in the contracts. We have improved things in a great extent. There are just some aspects that we were not able to correct, as that of millionaire salaries of transnational executives, she said.<BR/><BR/>The deputy also said the contract issue is not about shape. It is about law instead, because they could prevent the State from recovering millions of dollars.Anonymousnoreply@blogger.com