Brazil Will Keep on Buying Bolivian Gas If the Price Is Right, Says Lula

Brazilian President Luiz Inácio Lula da Silva stated Monday, May 15, that Brazil will seek to become self-sufficient in natural gas production and will continue to buy Bolivian gas, "provided that Bolivian gas remains convenient for the Brazilian people in terms of price."

"Brazil has the capacity, so we will strive to make Brazil self-sufficient. This does not imply that we will not continue to import gas from Bolivia," he affirmed in his weekly radio program, "Breakfast with the President."

In the president’s view, the Bolivian decision to nationalize the country’s gas reserves sparked controversy and "erroneous interpretations."

Lula and the President of Bolivia, Evo Morales, met last week in Austria at the European Union-Latin American-Caribbean Summit. Two days before their encounter, Morales alleged that Petrobras had acted illegally in his country.

"I told president Evo Morales that we recognize that Bolivia is the owner of its gas and that they, the Bolivians, recognize that Brazil is the biggest consumer. We are two countries that need to be at peace, we need to be serene, and, when we make the required adjustments in our agreements, we need to bear in mind, first, the existing contract, and, second, a price that is fair to the Bolivians and, at the same time, fair for the Brazilians who consume the gas," he remarked.

ABr

Tags:

  • Show Comments (1)

  • Guest

    ?????
    Does the International market price is fair ?
    If yes, then you have to pay at least double your actual Bolivian gas.
    If it is not fair, then you may as well sell your agriculture at 50 % the international market prices.
    Do you agree ?
    If Bolivian gas is partially due to to Petrobras investmments, then the EU and the USA may say exactly the same for everxthing you are exporting, such as your agriculture, cars (no Brazilian carmaker) just to name a few !
    Were these investments not done by foreign car makers and foreign agribusinesses such as Bunge, Cargill, Archer Daniels, etc etc ????

    Lula, you cant be right both ways !

Your email address will not be published.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

Abuse of Power: Brazilian Minister Beats Up Journalist and His Wife

Brazilian journalist Ronaldo Lázaro Tiradentes, of the Rádio e Televisão Tiradentes network, which relays ...

Brazil’s Meat Exports to Reach US$ 8 Billion and Surpass Soybeans as Number 1

Brazil’s foreign sales of beef, pork, and poultry are expected to reach around US$ ...

Hundreds of Brazilian Veterinarians Get Training for Bird Flu Handling

Approximately 420 veterinarians from Brazil’s Ministry of Agriculture, Livestock, and Supply (MAPA) and state ...

Green Protesters Might Be Right, But Brazil & Co Probably Won’t Listen to Them

Are urbanization and efforts toward environmental sustainability and land preservation compatible? Can we imagine ...

Brazil: EU to Eliminate Surtax to Mercosur Products

The trade negotiations now underway between Mercosur and the European Union, which are scheduled ...

Brazil After Cup: 250 Argentineans Stranded and 180 Ghanaians Asking for Asylum

According to Argentinean Deputy Consul in Brazil, Raul Ailán, since the end of the ...

Brazilian Stocks Stop Bleeding and Get Slight Jump

After a gray Tuesday, which saw the Brazilian stock suffer its worst tumble in ...

Gathered in Brazil 5 Presidents Tell the US: “We Told You So”

Not all the action was in Switzerland. While bankers and politicians were meeting last ...

Abranches’ Sneak Preview

American audiences will soon have the chance to know the work of filmmaker Aluizio ...

Brazil Will Play Tit for Tat with US and EU on Import Duties

The Brazilian proposal to lower import duties on industrial goods will only be decided ...