Natural gas set up to capture the methane and generate electricity. Natural gas is often stored underground inside depleted gas reservoirs from previous gas wells, salt domes, or in tanks as liquefied natural gas. The gas is injected in a time of low demand and extracted when demand picks up. Storage nearby end users helps to meet volatile demands, but such storage may not always be practicable. With 15 countries accounting for 84% of the worldwide extraction, access to natural gas has become an important issue in international politics, and countries vie for control of pipelines. In the first decade of the
Natural gas in Bolivia oil production really peaked, only to be followed by a decline in the next decade. That is when natural gas overshadowed oil and tin to become the main hydrocarbon exported by the country up to this date. Since the 1980s, the number of known reserves has increased substantially. It was during the 1990s that new major discoveries really increased natural gas production in Bolivia. “Major discoveries of natural gas since 1996 had boosted proven and probable gas reserves almost tenfold, to 48.7trn cu ft, by the end of 2004” The rise of natural gas as Bolivia’s most important export occurred