Bolivia

Map

 

BRIEF HISTORY OF THE PROJECT

Following a request from the Bolivian government, petroleum related development cooperation between Norway and Bolivia was initiated in 2006. A Memorandum of Understanding (MoU) was signed in 2007. The cooperation is coordinated with Other donor countries supporting the petroleum sector, notably Canada and to a lesser extent the Netherlands. A draft country agreement, reflecting discussions between Bolivia and Norway, was presented to the MHE in late 2010.

ACTIVITIES IN 2010

Technical assistance was provided to the MHE on various issues:

  • Development of the petroleum law, fiscal reforms and education of technical staff
  • Update of the Economic model for the gas sector
  • Technical courses for the YPFB’s professionals in basin modelling, seismic interpretation and Other subsurface related issues
  • Assistance to the National Data Repository on establishing a digital database for all subsurface data in Bolivia

Several seminars and workshops were held on organization and corporate governance, exploration and production, and data management.

A long-term training programme for Bolivian professionals in MHE, UMSA (University) and YPFB was prepared with the aim of improving the competence and general understanding of the petroleum industry.

Technical assistance was provided to the YPFB management on the issue of reorganizing the company.

A local NGO project aimed at raising civil society engagement in the petroleum sector was supported. The NGO support was provided through SAIH (Norwegian Students’ and Academics’ International Assistance Fund).

Technical assistance to the Ministry of Finance on tax policy and revenue management was provided by the International Monetary Fund (IMF), financed through a bilateral agreement between OfD and the IMF.

KEY ACHIEVEMENTS IN 2010

Substantial preparations for a long-term training programme for Bolivian professionals in MHE, UMSA and YPFB were completed. Important input regarding restructuring of the state oil company was provided to the management of YPFB.


04.07.2011