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    Bolivia Crisis Underscores Shifting Energy Landscape in South America

    Team_HydrowavBy Team_HydrowavJune 28, 2024No Comments1 Min Read

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    Bolivia’s General Juan José Zúñiga stormed the presidential palace in La Paz on Wednesday (June 26) in a short-lived attempted coup that laid bare political and economic chaos in the landlocked nation.

    NGI spoke to analysts who highlighted the changing energy fortunes in Bolivia that have turned the country from being a major natural gas exporter into one that relies on the import of hydrocarbons to keep its economy running.

    Doubts remain over whether it was a genuine coup attempt, or staged. But in the end, it could serve to prop up President Luis Arce who faces an economic slump amid low popularity.

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