Power Generation, Transmission and Distribution 2026

BOLIVIA

Peru

Brazil

La Paz

Bolivia

Trends and Developments Contributed by: Enrique Barrios, Emil Jung and Nina Leguizamón Dentons Guevara & Gutiérrez

Paraguay

Chile

Argentina

Dentons Guevara & Gutiérrez (DGG), with offices in La Paz and Santa Cruz and a team of around 35 lawyers, has one of the most sophisticated energy legal practices in Bolivia. As part of Dentons, DGG offers clients seamless access to a vast global net- work. The firm’s oil and gas practice goes back more than 35 years, establishing a strong presence in the energy sector and regularly advising industry leaders such as Repsol, TotalEnergies, Petrobras, YPF, and

Occidental Petroleum on their long-term operations with the state-owned company YPFB. DGG’s leader- ship has been closely involved in Bolivia’s regulatory milestones, from capitalisation and nationalisation to the current public-state partnership regimes. Recent highlights include advising on the first cross-border gas contract under YPFB’s new bidding process and counselling on an unprecedented gas-in-transit pro- ject connecting Argentina, Bolivia, and Brazil.

Authors

Enrique Barrios has been actively involved in the industry for more than 20 years, and leads the energy department at Dentons Guevara & Gutiérrez. He advises the major upstream, midstream and

before the International Emissions Trading Association and the Foundation for Natural Resources and Energy Law, and serves on the Energy and Environment Commission of ICC Bolivia. He also serves as head of associates of Dentons’ LAC Energy group.

downstream companies in the country. His practice in the field includes the negotiation of contractual structures with YPFB on behalf of foreign investors, the defence of investors’ interests in expropriation procedures and subsequent arbitration, and the negotiation of all the amendments to the Bolivia– Brazil GSA. Enrique is a member of the La Paz and Santa Cruz Bar Associations.

Nina Leguizamón is a senior associate at Dentons Guevara & Gutiérrez with an outstanding practice in Bolivia’s energy sector. She plays a central role in technically demanding upstream, midstream and

downstream matters, supporting multi contract exploration initiatives, complex pipeline governance negotiations, and sensitive fuel commercialisation strategies. She has contributed to complex cross border gas commercialisation projects involving leading regional players and provides execution ready guidance on bidding procedures, pricing and balancing mechanisms, regulatory alignment, and constitutional constraints. Drawing on her strong international arbitration background, she provides strategic advise to help clients anticipate disputes and structure agreements that minimise future conflicts.

Emil Jung is a senior associate leading complex energy mandates at Dentons Guevara & Gutiérrez, focusing on project development, regulatory strategy and bankability. He advises upstream operators and

foreign investors on concession and title matters, permitting, community engagement and HSE compliance. He also navigates midstream and downstream authorisations for transportation, storage and processing. Emil represents the firm

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