Natural gas cooking, and electricity generation. It is also used as a fuel for vehicles and as a chemical feedstock in the manufacture of plastics and other commercially important organic chemicals. Fossil fuel based natural gas is a non-renewable resource. Natural gas is found in deep underground rock formations or associated with other hydrocarbon reservoirs in coal beds and as methane clathrates. Petroleum is another resource and fossil fuel found in close proximity to and with natural gas. Most natural gas were created over time by two mechanisms: biogenic and thermogenic. Biogenic gas is created by methanogenic organisms in marshes, bogs, landfills,
Natural gas in Bolivia natural gas industry, President Evo Morales dramatically took over and occupied installations by using military force on May 1, 2005. Even though he stated that expropriations would not occur, the short period of six months given to renegotiate contracts put great pressure on the main foreign companies exploring for of natural gas in Bolivia. The state-owned Brazilian company Petrobrás, was among the most affected, since it was one of Bolivia’s largest foreign investors and controlled 14% of the country’s natural gas reserves, which in consequence created large concerns in the Brazilian government. Ultimately, negotiations took place and no further hostilities