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MEXICO CITY, May 2 (Xinhua) -- The Mexican government said on Tuesday it hopes that Bolivia's nationalization of its natural gas industry will not affect a Mexican plan to import gas from the Andean country.
Ruben Aguilar, spokesman for Mexican President Vicente Fox, told
reporters that "Mexico respects other countries and Bolivia is acting within its
sovereign rights in carrying out these acts."
He added that "the Bolivians have made known their interest in
exporting gas to Mexico."
Bolivian President Evo Morales signed a decree Monday on the
nationalization of all Bolivia's oil and gas resources, sending the army to
control some properties.
He announced that he would do the same with the country's other
natural resources.
Mexico is planning to create a gasification plant on the Pacific
Coast to process imported gas from Bolivia and sell it to California of the
United States.
Aguilar said Mexican energy officials had met Bolivian officials in
recent weeks to discuss the topic.
Bolivia has a reserve of about 48.8 trillion cubic feet of natural
gas, the second largest deposit in South America, which is being exploited by
about 20 foreign firms.
Morales said the government "keeps its electoral promises ... and
from this moment, the looting of our natural resources by foreign companies will
end."
Mexico itself nationalized the energy industry in 1938, under the
rule of President Lazaro Caradenas, to put an end to a conflict between foreign
oil companies and Mexican workers. Enditem |