Bolivia: dilemmas of a landlocked country

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Bolivia is, and has long been, dependent on extraction of minerals and hydrocarbons for economic survival. From 2003-13 Bolivia benefited greatly from high energy prices. In contrast to past periods of commodity bonanza, Bolivia has spent this windfall wisely and stands to weather the downcycle with high reserves and low levels of debt. Bolivia is also seeking to diversify its economy and add value to its exports of energy. As mentioned in a previous post (http://www.energyfuturelatam.net/2016/02/22/what-next-for-bolivia/) the government is carrying out plans to build up its petrochemical capability with an ammonia and urea plant and a liquids separation plant that will produce LPG for ...