The new round will be launched on Monday when the data room is opened and will be concluded on 15 November, when risk contracts are signed. Rodolfo Murillo, an aide to state company YPFB's vice president for international contracts Hugo Peredo, confirmed that the terms on offer were essentially the same as those under last year's licensing round. He said the opening of the Brazil pipeline was expected to boost investor interest.
Bolivia round hopes rest on pipe dreams
BOLIVIA is set to launch a new licensing round in the hope that the opening of the gas pipeline to Brazil will attract more bidders than the paltry six that lasted the course and took acreage in a tender last year.
27 February 1999 0:00 GMT
Updated
27 February 1999 0:00 GMT