US afraid of Venezuela and Bolivia hindering energy sector investments

06-03-06

The United States expressed fears over the possibility that both Venezuela and Bolivia may hinder foreign investments in the energy sector.
"We are concerned that some countries in our hemisphere are making decisions that are not going to optimize the development of energy resources," said Karen Harbert, US Assistant Secretary of Energy for Policy and International Affairs.

"The moves to curb foreign investments and to expand the scope of state oil firms do restrict their access to investments, thus hindering development and reducing access to equipment or infrastructure," she added during a hearing before the House of Representatives.
 

 

Source: Neftegaz.ru