Agencia EFEMay 2, 2013 13:00
La Paz, May 2 (EFE).- Bolivia has earned more than $16 billion from the energy industry since President Evo Morales nationalized the sector in 2006, officials said.
"Seven years before the nationalization, from 1999 to 2005, the state received around $2 billion. After these seven years, the state received more than $16 billion," Hydrocarbons Minister Juan Jose Sosa said.
Morales issued an executive order on May 1, 2006, nationalizing the seven oil companies, the majority of them foreign firms, operating in Bolivia.