Bolivia 'to compensate Petrobras'

From the BBC:

Bolivia's state-owned energy firm has said Brazil's Petrobras should be compensated after the government seized greater control of energy resources. Earlier this month, Bolivian leader Evo Morales said private energy firms must review their contracts and sell controlling stakes in energy companies...
The two sides met at a ministerial level on Wednesday and emerged saying they would work together to renegotiate contracts and implement plans to raise gas prices. Brazil is the largest importer of Bolivian gas. Ahead of the meeting, Jorge Alvarado, the head of Bolivia's state energy firm Yacimientos Petroliferos Fiscales Bolivianos (YPFB), said that Petrobras needed compensation because its assets had been nationalised, not seized...
In all, about 20 foreign companies are affected, including BP, British Gas, ExxonMobil, Total, and Repsol-YPF.