Bolivian President Evo Morales on Friday announced the nationalization of Air BP, a subsidiary of British Petroleum.
Air BP has British and Spanish capital and sells fuel for commercial aviation, Bolivia’s Energy Ministry said. It is headquartered in the southern Bolivian city of Santa Cruz de la Sierra.
Morales’ left-wing populist government, which has been in power since January 2006, nationalized the country’s oil and gas reserves in its first year in office, benefiting from the income gained from the export of natural gas to Brazil and Argentina.
It also nationalized refineries in the cities of Cochabamba and Santa Cruz, which had until then been managed by Brazil’s state-owned energy giant Petrobras.
Last year, Morales nationalized Transredes, a former subsidiary of US giant Enron.
“Now the energy production chain is in the hands of the Bolivian government,” Morales said at a May Day event in La Paz’s Plaza Murillo.
He said that he would not relent until he achieved “power for the people.”
Air BP’s plant at the El Trompillo airport in Santa Cruz de la Sierra was occupied by the army following Morales’ announcement, Bolivian TV showed.
THE ‘MONSTER’: The Philippines on Saturday sent a vessel to confront a 12,000-tonne Chinese ship that had entered its exclusive economic zone The Philippines yesterday said it deployed a coast guard ship to challenge Chinese patrol boats attempting to “alter the existing status quo” of the disputed South China Sea. Philippine Coast Guard spokesman Commodore Jay Tarriela said Chinese patrol ships had this year come as close as 60 nautical miles (111km) west of the main Philippine island of Luzon. “Their goal is to normalize such deployments, and if these actions go unnoticed and unchallenged, it will enable them to alter the existing status quo,” he said in a statement. He later told reporters that Manila had deployed a coast guard ship to the area
HOLLYWOOD IN TURMOIL: Mandy Moore, Paris Hilton and Cary Elwes lost properties to the flames, while awards events planned for this week have been delayed Fires burning in and around Los Angeles have claimed the homes of numerous celebrities, including Billy Crystal, Mandy Moore and Paris Hilton, and led to sweeping disruptions of entertainment events, while at least five people have died. Three awards ceremonies planned for this weekend have been postponed. Next week’s Oscar nominations have been delayed, while tens of thousands of city residents had been displaced and were awaiting word on whether their homes survived the flames — some of them the city’s most famous denizens. More than 1,900 structures had been destroyed and the number was expected to increase. More than 130,000 people
A group of Uyghur men who were detained in Thailand more than one decade ago said that the Thai government is preparing to deport them to China, alarming activists and family members who say the men are at risk of abuse and torture if they are sent back. Forty-three Uyghur men held in Bangkok made a public appeal to halt what they called an imminent threat of deportation. “We could be imprisoned and we might even lose our lives,” the letter said. “We urgently appeal to all international organizations and countries concerned with human rights to intervene immediately to save us from
RISING TENSIONS: The nations’ three leaders discussed China’s ‘dangerous and unlawful behavior in the South China Sea,’ and agreed on the importance of continued coordination Japan, the Philippines and the US vowed to further deepen cooperation under a trilateral arrangement in the face of rising tensions in Asia’s waters, the three nations said following a call among their leaders. Japanese Prime Minister Shigeru Ishiba, Philippine President Ferdinand Marcos Jr and outgoing US President Joe Biden met via videoconference on Monday morning. Marcos’ communications office said the leaders “agreed to enhance and deepen economic, maritime and technology cooperation.” The call followed a first-of-its-kind summit meeting of Marcos, Biden and then-Japanese prime minister Fumio Kishida in Washington in April last year that led to a vow to uphold international
RSS