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Russia Ready to Help Build Venezuela-Brazil-Argentina Gas Pipeline

During a South American tour that took him to Brazil and Argentina, the Primer Minister of the Russian Federation, Mikhail Fradkov, confirmed earlier reports about Moscow interest on the largest regional energy project in decades.

Russia interested in building ambitious South American gas pipeline
Russia, pipeline, South America, Venezuela, Argentina
Hernan Etchaleco

Russia Ready to Help Build Venezuela-Brazil-Argentina Gas Pipeline
Pipeline

During a South American tour that took him to Brazil and Argentina, the Primer Minister of the Russian Federation, Mikhail Fradkov, confirmed earlier reports about Moscow interest on the largest regional energy project in decades.

Speaking after a meeting with the heads of Brazilian energy companies during his visit to Brazil, Fradkov said that Russian companies could participate in the construction of a transcontinental natural gas pipeline, a project estimated to cost between $15 billion and $25 billion. He added, however, that no specific projects had been proposed yet.

According to the Russian government, Moscow could help building the natural gas pipeline ring linking Venezuela, Argentina and Brazil. The transcontinental project aims to take Venezuelan gas down south and, in a second stage, could link Chile, Bolivia and Uruguay.

Fradkov arrived in Buenos Aires, where he met, on Friday, April 7, Argentine president Nestor Kirchner. Both leaders discussed over the project, as well as other pending bilateral issues, as the Argentine recognition of the Russian Federation, as a market economy before the World Trade Organization.

Top on the agenda was the unilateral decision adopted by Buenos Aires to cut out beef supplies to Russia in an attempt to drop internal prices.

Russia is the main client of Argentine meat, and could see a shortage of this product when shipments from Argentina cease to arrive in local ports.

Fradkov’s agenda included trade, investment, and cooperation in a wide range of fields, including nuclear energy, space research and IT.

Argentina has reached interesting space and nuclear developments for a third world economy. IT has the capacity of building satellites and producing nuclear energy, but lacks of technology to launch satellites or develop nuclear weapons.

Pravda – www.pravda.ru

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  • Show Comments (3)

  • Guest

    IS THIS A PIPE DREAM?
    Wasn’t this gas pipeline described by international bodies as a mare pipe dream? Well….

    Will LatAm be ripped off by sophisticated Russian bears? Hum..

    What about safety and security? Will LatAms solemnly swear that they will not destroy this pipe-line through hatred and negativity? Hum. Should we hold our breaths???

  • Guest

    That will be great!!!
    Russia technology is one of the best in the world when it comes to pipelines… and just think we wouldn’t have all the white trash coming down south!!!

  • Guest

    I bet Russia is chomping at the bit to get to work on a project that has about .001% chance of success and what the fuck do they care if it succeeds or not – they will still get PAID when overcharging the governments dumb enough to contract them. Yes jump right into bed with Russia and see where it gets you.

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