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 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