Energy in Latin America: Production, Consumption, and Future Growth

By Kang Wu; Cynthia Obadia | Go to book overview

challenges ahead, it is nevertheless widely believed that the Menem government's bold push for the privatization of its inefficient state oil and gas sector will pay off in the future.


NOTES
1.
See Culver-Hopper et al. ( 1992), p. 9.
2.
See EIU ( 1993a and 1994a) for details.
3.
See Petroleum Intelligence Weekly, February 15, 1993; Oil ­ Gas Journal, March 14, 1994.
4.
See Culver-Hopper and Totto ( 1992), p. 28.
6.
Refinery products accounted for 80 percent of both oil exports and imports in 1991. Details of the country's petroleum product trade are discussed in the section on the downstream oil sector and product consumption.
7.
See World Oil Trade ( 1993).
8.
See Culver-Hopper et al. ( 1992), p. 11.
9.
See Culver-Hopper and Totto ( 1992).
10.
See Culver-Hopper ( 1993).
11.
See Platt's Oilgram News, February 17, 1993.
12.
See Platt's Oilgram News, December 30, 1992.
13.
See Culver-Hopper and Totto ( 1992), pp. 54-55.
14.
See Escofet ( 1992).
15.
See IDB ( 1993).
16.
For instance, the EIU ( 1993a) forecasts that the real GDP growth rate of Argentina will be 5 percent for 1991-1994.
17.
See Oil & Gas Journal, October 18, 1993, p. 61.
18.
See World Oil Trade ( 1993).
19.
According to the existing Argentine Constitution, President Menem is ineligible to run in the next presidential election, which will be held in 1995. Fernando de La Rua, the leading candidate of the major opposition Radical Party, has voiced some objections to the privatization of YPF and Gas del Estado and has vowed to reverse some of the measures taken in early 1993. However, the constitution is being revised, and the results will open the way to the reelection of President Menem. For further information, see Platt's Oilgram News, March 22, 1993 and EIU ( 1994a), p.5.

-101-

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Energy in Latin America: Production, Consumption, and Future Growth
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Illustrations xi
  • Abbreviations, Acronyms, and Measurements xvii
  • Foreword xix
  • Preface xxi
  • Chapter 1 - Regional Overview of Latin American Energy 1
  • Notes 12
  • Chapter 2 - Mexico 27
  • Notes 36
  • Chapter 3 - Venezuela 49
  • Notes 57
  • Chapter 4 - Brazil 69
  • Notes 78
  • Chapter 5 - Argentina 91
  • Notes 101
  • Chapter 6 - Colombia 113
  • Notes 120
  • Chapter 7 - Ecuador 133
  • Notes 140
  • Chapter 8 - Trinidad and Tobago 151
  • Notes 159
  • Chapter 9 - Peru 173
  • Notes 180
  • Chapter 10 - Bolivia 193
  • Notes 200
  • Chapter 11 - Chile 211
  • Notes 217
  • Chapter 12 - Future Energy Growth in Latin America 229
  • Notes 240
  • Appendixes 253
  • References 299
  • Index 303
  • About the Author *
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