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 Natural gas in Bolivia Natural gas in Bolivia is one of the nation's main energy sources and export products. Bolivia's proved natural gas reserves are estimated to be 24,800,000,000,000(ft³) (1 January 2009 est.). Most of these reserves are located in the eastern region of the country. The major export pipelines in Bolivia transport the gas to Argentina and Brazil. In 1994 the natural gas sector was privatized, and it was subsequently re-nationalized in 2006 by current president Evo Morales after popular protests during the 2005 Bolivian gas conflict. “Bolivia’s economic history reveals a pattern of a single-commodity focus”, diversification has