• Categories
  • Archives

Brazil Sees Integration as the Answer for Latin America

The president of the Brazilian Committee of the World Energy Council (Comitê Brasileiro do Conselho Mundial da Energia – CME), Norberto de Franco Medeiros, says that energy integration in Latin America could form a regional market for petroleum and other fuels, electricity and natural gas.

It could boost commercial and political relations, as well, said Medeiros, pointing out that the Economic Commission for Coal and Steel established in Europe 60 years ago has become the European Union.

"Integration of Latin America, including the Caribbean, is very important for our future. Energy integration could be the way toward further integration. That is what happened in Europe," says Medeiros.

He explained that the CME has undertaken a regional study that will be ready in 2008."The study will present a juridical-institutional framework where regional energy integration can take place," he said.

Medeiros mentioned two integration projects that are in the pipeline at the moment. The Venezuela-Argentina gas pipeline that will run through Brazil from north to south, at an estimated cost of US$ 25 billion.

And a waterway-electricity project connecting Brazil and Bolivia through the Madeira and Amazon rivers where at least two large hydroelectric power plants (both with generating capacity of more than 3,000 MW) would be built providing the region with electricity at cheap, competitive prices.

The project would also connect landlocked Bolivia to the Atlantic through Brazil, says Medeiros, and open a Pacific gateway for Brazil.

ABr

Tags:

  • Show Comments (1)

  • ernest in michigan u.s.a.

    your country is growing by leaps and bounds. now is the time to put pressure on your government to use some of that
    wealth for free schooling, clothing and food for the children and jobs for the ignored people. you have to embarrass
    your government into treating you as citizens in front of the world. this is a human rights matter!!!!!!!!
    make it known, boycott, march, write !!!!!!!!!!!!!!!!!!!! πŸ™ πŸ™ πŸ™ πŸ™ πŸ™ πŸ™ πŸ™ πŸ™ πŸ™

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil’s Central Bank Worried About Higher than Expected Inflation

In the minutes published today of the Central Bank Monetary Policy Committee’s (COPOM) most ...

Field of Dreams

A visit to a settlement of landless farmers near Porto Alegre, capital of the ...

Brazil Keeps on Building Its Arab Economic Ties

Brazilian President Luiz InΓ‘cio Lula da Silva received at the Presidential Palace, in Brazilian ...

We’re Sure Paying Attention to the U.S., Says Brazil’s Foreign Minister

In a hearing before Brazil’s Foreign Relations and National Defense Commission, the Brazilian Minister ...

The US Treacherous Roads for Illegal Brazilian Immigrants

Pedro Lima, a house painter from Brazil who has been in the United States ...

200 Landless Families Invade Brazilian Farm Belonging to Paper Company

Under renewed pressure from the Landless Rural Workers Movement (MST), the Idaph, Brazil’s Forest ...

Dengue and TB: A Two-Front Battle in Brazil

Brazil government’s actions to control dengue resulted in a 73.3% reduction in the incidence ...

Brazil Expecting 6 Million Tourists, 2.5 Million from Europe

Brazil’s Minister of Tourism, Walfrido dos Mares Guia, says he does not believe the ...

Brazil and Cuba: More than Good Friends

Chief of Staff, José Dirceu, says that the generation who came to power with ...