Case Studies: Privatization of Petroleo Brasileiro S.A
On this weekly discussion, CWTS UGM invited a student from IR UGM, Hardya Pranadipa, who also an research assistant at Institute of International Studies (IIS) and Sociedad Indonesia Para América Latina (SIPAL). The appointed topic is still discuss about oil and gas sector, yet, Hardya took the case studies about liberalization of national oil company by Brazil government.
Hardya explained that petroleum and gas industry in Latin America has been started since1920 in Argentina. This moment were remarked by the creating of Yascimientos Petroliferos Fiscales (YPF). The background behind the establishment of energy companies was the will from every country to fulfil the energy need as independently.