K&M was engaged by the World Bank to support recommendations to the Government of Bolivia for the promotion and co-financing with the private sector in the utilization of natural gas. The proposed projects attempt to increase the value-added of Bolivia’s natural gas reserves. K&M reviewed the business economics of the proposed investments and assessed the synergies and risks involved in a portfolio of projects depending on natural gas supply. The analysis served to provide a clear understanding of the business feasibility for private sponsorship of each project, given the long-term conditions of the domestic, Brazilian, regional and world energy markets.