Libya and Iran will assist Bolivia in promoting hydrocarbon area development
rahul | September 5, 2008 at 05:06 pmby
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La Paz, September 05 (ABI).- Two technical commissions, one from Libya and other from Iran will visit Bolivia in order to study conditions to invest in oil area and projects of petro-chemistry.
President Evo Morales did that announcement after to come back from Tripoli and Tehran, where he signed agreements on energy and agricultural areas with his counterparts Muamar Al Gadafi and Mahmoop Ahmadynellad. Besides, Morales’ trip allowed strengthening bilateral relationships with both countries. "Soon a technical commission will be in Bolivia to study basically hydrocarbon area", Morales announced, at a press conference held at Palacio Quemando (Governmental Palace).
Regarding Libia, Morales says that country has a vast experience on energy matters and technicians who would arrive in Bolivia, would work with Bolivian technicians of the Minister of Hydrocarbons in order to analyze the sort of support to be applied. Aiming the same purpose, an Iranian commission would help Bolivia to study different options of promoting petro-chemistry and agribusiness production, seeking to quicken the investment of $ 1.000 million approximately, amount offered by Ahmadynellad, when he visited Bolivia in September, 2007. "We expect the technical work could guarantee the investments in Bolivia", Morales pointed out at the time to report that his Administrations was considering to move the Bolivian Embassy from Egypt to Iran. Jcch/Rq ABI
Translation: Sonia Prado