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

Tags:

You May Also Like

Brazil President Is in New York to Address the UN on the Evils of US’s Invasion of Privacy

Brazilian President Dilma Rousseff is already in New York, where she arrived this Monday ...

Brazil and US Prepare Meeting Between Presidents Lula and Obama

During the first official meeting in Washington of a Latin American representative with the ...

Brazil: Gas Pipeline Main Topic of Lula-Kirchner-Chavez Summit

The construction of an 8,000 kilometer-long gas pipeline between Caracas, Venezuela, and Buenos Aires, ...

More Wikileaks: Corruption, Amazon Paranoia and Uncritical Brazilian Media

A Wikileaks cable says that the president of Brazil,  Luiz Inácio Lula da Silva ...

Big Surplus Keeps Dollar Down in Brazil

The Central Bank’s weekly survey of market analysts and financial institutions (known as the ...

Brazilian Industry Blames High Interest Rates for Paltry GDP

The president of Brazil’s Federation of Industries of the State of São Paulo (Fiesp), ...

Brazil’s Mining Giant CVRD Spending US$ 5 Bi. Blame It on the Chinese

Brazilian Mining company Vale do Rio Doce (CVRD) should invest 11.8 billion reais (US$ ...

After American Recall Brazil Halts Processed Meat Exports to US

Brazil’s Agriculture ministry informed that it will send a team of experts to the ...

Big lines and delays at Brazilian airports

Chaos Back to Brazilian Airports After Computer Goes Down

Brazilian President, Luiz Inácio Lula da Silva, changed his morning schedule this Monday, March ...

Hacker or Google’s Inside Job? In Brazil Controversial Orkut Pages Disappear

Some Brazilians are accusing Google of suppressing freedom of expression in the still of ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`