Lula Assures Brazilians Bolivia Conflict Won’t Raise Gas Prices

Brazilian President Luiz Inácio Lula da Silva admitted that it was a mistake for Brazil to depend on a single country for over half the natural gas that Brazil consumes.

"It was a strategic error for Brazil to become dependent upon a single energy source that doesn’t belong to us," he commented in a conversation with reporters, after signing the Chaputepec Press Declaration in a ceremony held at the Planalto Palace.

Despite the possibility of a supply cut, Lula said that there is no risk of a gas price hike in Brazil.

"The problem is ensuring Brazil’s gas supply. I am at ease. Gas prices will not increase. I am not worried about this," he said.

"The only thing we must do is to take their side and for them to take our side and for us to find a middle way," the president declared.

This in answer to a question posed by the president of the National Newspaper Association, Nelson Sirotsky, who asked the president about the meeting he will have today in Argentina with the presidents of Bolivia, Evo Morales, Argentina, Nestor Kirchner, and Venezuela, Hugo Chavez.

ABr

Tags:

  • Show Comments (0)

Your email address will not be published.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

Accusations Are Pure Fantasy Says Brazil’s Finance Minister

"There was no money from Cuba in President Lula’s campaign," the Brazilian Minister of ...

Brazil Creates Water Fee to Pay for Sanitation

Brazil’s National Water Resource Council (CNRH), an organ linked to the Ministry of Environment, ...

Brazil: Rio Group Urges a New UN

The 18th Summit Meeting of Heads of State and Government of the Rio Group ...

Good Financial News in Brazil Makes Stocks Soar

Latin American stocks gained ground, with Brazilian stocks posting some of the region’s biggest ...

As Walking Metamorphosis Brazil’s Lula Has Become Target for Left and Right

The long interview given by Brazilian President Lula to O Estado de S. Paulo ...

Brazilian designer Clementina Duarte

A Brazilian Jewelry Designer for Queens and Princesses

Once upon a time in Brazil there was a girl who loved to draw, ...

The Economist Decides to Teach Brazil and Lula a Few Lessons

Recently, capitalism ‘bible’ The Economist, published in London since September 1843, decided to give ...

Changes in Congonhas Bring Alterations to Brazil’s Air Network

Brazilian flagship airline TAM will operate a new domestic air network beginning October 1st ...

Foreign Tourists Spend US$ 1.5 Bi in Brazil While Brazilians Spend US$ 1.7 Bi Overseas

Foreign tourists spent US$ 1.5 billion from January to April this year in Brazil, ...

Brazil to Launch Campaign to Curb Violence Against Women

Brazil’s federal government plans to develop an awareness campaign on violence against elderly women. ...