Brazil Confident Bolivia Will Give In. Country Has No Other Market for Its Gas

The head of Brazil’s General Secretariat of the Presidency, Luiz Dulci, repeated what Brazilian President Luiz Inácio Lula da Silva has said: there are no problems with natural gas supplies.

He also reiterated that there will not be a price increase for consumers and Brazil seeks a peaceful solution to its problems with Bolivia after that country nationalized its gas and oil reserves on May 1st.

"We have based our negotiations on respect for Bolivia’s legitimate rights while vigorously defending Brazil’s legitimate rights. And, above all, avoiding a conflict.

"The Brazilian people do not want an antagonistic relationship with neighboring states or a hostile situation on our borders," declared Dulci.

"We have to reach a reasonable agreement. Brazil needs Bolivia’s gas, and Bolivia does not have another market for its gas," said Dulci. Brazil buys 80% of Bolivian production

ABr

Tags:

You May Also Like

Brazilian Ministers to Receive Saudi Executives Visiting Brazil

The executives of three major Saudi companies, who are travelling throughout Brazil, will be ...

Brazilians’ Purchasing Power Among Lowest in the World

São Paulo and Rio, in Brazil, appear in the 48th and 45th places, respectively, ...

Brazil’s Petrobras Has 500 Million Barrels of Oil in the US

Petrobras’ petroleum reserves on the American side of the Gulf of Mexico amount to ...

Exports Up 32% in Brazil

Brazil’s cumulative trade surplus so far this year stands at US$ 22.501 billion. This ...

Brazil’s Gay Rights Advancement Shows Declining Church and Thriving Activism

The Brazilian Supreme Court’s recognition of same-sex unions in early May marks the latest ...

Brazil Continues Without a Budget for 2006

It’s the middle of April and Brazil still does not have a 2006 budget ...

Brazil’s First Astronaut Ending One-Week Space Jaunt

American, Russian, and Brazilian specialists expect to meet today, April 7, in the city ...

Brazilian foreign minister Celso Amorim

Brazil Brings to G8 Table Plan to Charge the Rich to Care for the Amazon

Two key issues should be tackled by the Brazilians at the G8 Summit (the ...

Brazil’s CVRD to Invest US$ 400 Million in R&D

Company Vale do Rio Doce, Brazil's mining giant, announced last week a US$ 6.334 ...

Aljazeera Opens Brazilian Office

Aljazeera, the most famous television channel in the Arab world, will open a branch ...