Brazil Warns Bolivia: Raise Gas Too Much and We Will Stop Buying It

The Brazilian minister of Foreign Relations, Celso Amorim, stated today, May 5, that Brazil may stop importing Bolivian natural gas if the price of the product is raised excessively, in consequence of the country’s decision to nationalize petroleum and natural gas resources.

"I have no idea of the percentages. I believe that this is not up to us (in the Ministry of Foreign Relations). The definition is up to Petrobras and the Ministry of Mines and Energy. The problem right now is that, if prices are increased excessively, Bolivian gas will become an impossibility," according to Amorim.

"The only reason this gas is sold in Brazil is that the price is competitive with fuel oil, bottled gas, and other energy sources. The matter of prices has to do with this."

At Thursday’s, May 4, meeting in Puerto Iguazú, where Brazil’s president Luiz Inácio da Silva met with the presidents of Bolivia, Evo Morales, Argentina, Nestor Kirchner, and Venezuela, Hugo Chavez, the supply of gas to Brazil was guaranteed. The decision regarding prices was left for next week.

Two days ago, in an interview with the Bolivian Information Agency (ABI), Morales stated that the price of exported gas had to be raised.

"Yes, Brazil and Argentina must pay more for the gas they buy. According to the agreement, the prices should have been readjusted in 2004. I am sorry that the governments didn’t take care of this then," the Bolivian president commented.

Agência Brasil


  • 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Your email address will not be published.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.


You May Also Like

Brazil Builds a Bridge Between Haiti and the Caribbean

Brazil’s Minister of Foreign Relations, Celso Amorim, traveled Sunday, May 15, to Jamaica and ...

Despite Problems Brazil Is Expecting Hefty Crops of Coffee and Soy

The world’s largest producer of soy after the U.S., Brazil, may harvest more of ...


By His most famous song is a Carnaval marchinha from 1966 called "Máscara Negra." ...

In Brazil the Press Doesn’t Get Any Respect

Two reporters from the comedy show CQC (Custe o que Custar – Whatever the ...

Brazilian passport

Why Can’t Brazilians Get a US Visa? Denying Them Has Become a Cash Cow!

The US Consulates in Brazil administer the processing of Visa applications to come to ...

Brazil’s Trade Surplus in First Four Months 68% Better than Last Year’s

Brazil's trade surplus (the difference between exports and imports) reached US$ 547 million in ...

My 20 Years as a Brazilian Gringo

I’ve become much less American and much more Brazilian. Take my anti-U.S. imperialist sentiments, ...

Market in Brazil not Bullish for 2005

Brazilian financial consultants and market analysts interviewed last week by the Brazil’s Central Bank ...

Brazil Varig Airline’s Logo Turns Orange, Its New Owner’s Colors

Brazil's once flagship airline has very little of its past glory left. Now, it ...

Presidents Lula of Brazil and Bush of US to meet in Brazil

Brazil-US: Biofuels to Top Lula/Bush Summit Agenda

Brazil and the United States, the world's two top ethanol producers, announced the creation ...