An Attorney's Perspective on Emerging New Venture Opportunities for Petroleum Projects in Latin America
AbstractThis article discusses the potential for new opportunities in the petroleum industry in Latin American countries. The author states that investment in Latin American petroleum projects is required in order to meet energy needs and environmental requirements. After surveying the history, politics and investment climate in Latin America, the author discusses the investment opportunities that have arisen in Latin America as well as the potential risks associated with these investments. He then discusses environmental concerns and other recent developments that impact on petroleum investments. The author examines key issues arising out of petroleum agreements between investors and Latin American governments and outlines the various petroleum agreements currently in use. To conclude, the author discusses the role of legal advisors in assisting clients in making successful investments in Latin American petroleum projects.
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