• Categories
  • Archives

Lula Asks Bolivia: If Not Brazil Who’s Going to Buy Your Gas?

In yet another chapter of the natural gas struggle, Brazilian President Luiz Inácio Lula da Silva called Thursday, September 21, on the Bolivian government to understand "the importance of Brazil" for Bolivia’s resources.

"I trust Bolivia has the exact notion of the importance of Brazil for Bolivia, as Brazil has the exact notion of what Bolivian natural gas means for Brazil," said Lula in an interview with the country’s main network Globo.

"I’ve told President Evo Morales: Evo you can’t keep a sword over the head of Brazil because you have gas; because we can also have a sword hanging over your head since we buy most of your natural gas, and if it’s not sold to us, it’s kind of difficult to see whom you will be selling it to," warned the Brazilian president.

Lula’s words follow Bolivian incoming Minister of Hydrocarbons Carlos Villegas statements that he will apply the full force and extent of the nationalization decree in negotiations with multinational energy corporations, particularly with Brazil’s Petrobras, which is threatened with the loss of two refineries and no compensations.

"Petrobras will not twist our arm", Minister Villegas was quoted in the Bolivian press.

Villegas is also quoted saying that come October 28 (the 180 days contemplated in the May first nationalization decree) "there will be no period extension and the decree will be fully implemented."

"I’m publicly saying that in the negotiations we will show two non excluding positions but also complementary: our willingness to dialogue but also our determination that corporations abide and accept the nationalization conditions and contracts," added Villegas.

"We’re seeing a political behavior which is not in accordance with the negotiations round; what we’re hearing when we sit round a table is one thing, and what is published in the press is different," pointed out Lula.

"There seems to be great divergence inside the Bolivian government", he highlighted.

However Lula da Silva said he trusted that "eventually, hopefully" an agreement between Brazil and Bolivia will be reached.

Bolivia and Brazil are negotiating the nationalization of Petrobras assets in Bolivia and the price of natural gas massive exports to Brazil.

Petrobras is the main foreign investor in Bolivia’s hydrocarbons industry.

Nevertheless it’s a face saving game for both leaders. President Lula da Silva is running for re-election next October first, and Evo Morales, Bolivia’s first indigenous president, is in the middle of a political battle to impose his majority in a constitutional assembly tasked with the job of drafting a constitution for the re-foundation of an "aboriginal" Bolivia that recognizes on the same ground, Indian roots and Spanish settlers.

Mercopress

Tags:

  • Show Comments (2)

  • Guest

    ..
    you have a lot of hatred towards Brazil, it seems….
    What the hell are you doing here then? Get the hell out

  • ch.c.

    How stupid is Lula and his sarcastic threats !

    Hopefully he realizes that the U.S.A , the EU and Japan could each tell him the same he said. !!!!!
    ” To whom are you going to sell your fucking goods, of lower quality if developed nations stop buying your exports ?”
    Did he ever realize that You represent nothing to us. Jjust as Bolivians represents nothing to you ?

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

Blue Blood

Due to his self-confidence the Fila Brasileiro shows a calm disposition as long as ...

Brazil Gets Its Own BBC. Al Jazeera May Lend a Hand

Brazilian diversity on TV screens is one of the goals of TV Brasil, according ...

Brazil Concerned with Venezuela’s Restlessness But Not Too Much

Brazilian Foreign Minister, Celso Amorim, speaking in Davos, Switzerland, at the World Economic Forum, ...

Brazil’s Petrobras Exports Environmentally Responsible Culture

Petrobras University, a teaching institution established by the Brazilian oil company to train its ...

Bleak: Less than 1% of Brazil’s Small Businesses Are Innovative

Sebrae's (Brazilian Micro and Small Business Support Service) latest Global Entrepreneurship Monitor GEM survey ...

Brazilians Are Not Afraid of Chinese Competition in the Middle East

So as to open the fair calendar in 2006, the Arab Brazilian Chamber of ...

Brazil Plans to Create 9 Federal Universities and 41 Campuses

Brazil expects to have 700,000 more students enrolled in higher education in 2007. This ...

Brazil’s Northeast Gets New Wine Technology Center

Brazil’s grape and wine production in the Valley of the São Francisco River is ...

Market Anticipating Higher Inflation in Brazil

In Brazil, the expectations of the financial market regarding inflation are increasingly pessimistic and ...

Brazil’s FGV Joins University of California to Offer Free Online Course

Brazil's Fundação Getúlio Vargas Foundation (FGV) has partnered with UC Irvine Extension, the continuing ...