Approves The Modification To The Operating Contract For The Aquio Area, Signed On October 28, 2006, And Approved By Law No. 3671 On April 23, 2007.
Original Language Title: Aprueba la modificación al Contrato de Operación para el Área Aquio, suscrito el 28 de octubre de 2006, y aprobado mediante Ley Nº 3671 de 23 de abril de 2007.
Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/153607
Law No. 792 law of 28 March 2016 EVO MORALES AYMA President constitutional of the PLURINATIONAL State of BOLIVIA, by how much, the plurinational Legislative Assembly, has sanctioned the following law: the Assembly Legislative PLURINATIONAL, DECREES: article 1. (OBJECT). This law aims to approve the modification of the operation contract for the Aquio Area, signed on October 28, 2006, and approved by law No. 3671 on April 23, 2007.
Article 2. (MODIFICATION). Approves the modification to the operating contract for the Aquio Area, consisting of the assignment by TOTAL E & P Bolivia (Bolivia Branch), of ten percent (10%) of all the rights and obligations of the contract, equivalent to sixteen point seventy-seven per cent (16.67%) the participation of TOTAL E & P Bolivia (Bolivia Branch) within the operation contract in favor of YPFB CHACO S.A., effected by assignment contract of 3 November 2015, signed between YACIMIENTOS PETROLÍFEROS FISCALES BOLIVIANOS? YPFB, TOTAL E & P Bolivia (Bolivia Branch), TECPETROL DE BOLIVIA S.A., GP exploration and production S.L. (branch Bolivia), and YPFB CHACO S.A.
Refer to the Executive Body for constitutional purposes.
Two thousand sixteen is given in the room of sessions the Assembly Legislative plurinational, on the tenth day of the month of March of the year.
FDO. José Alberto Gonzales Samaniego, Lilly Gabriela MONTAÑO Viana, Eliana Mercier Herrera, Noemi Nativity Diaz Taborga, Mario Mita Daza, Ana Vidal Velasco.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.
Government Palace of the city of La Paz, twenty-eight days of the month of March of the year two thousand and sixteen.
FDO. EVO MORALES AYMA, Juan Ramón Quintana Taborga, Luis Alberto Sánchez Fernández.
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