Chavez Says Venezuela-Brazil Gas Pipeline Has Been Frozen by Partners

A gas pipeline in Venezuela Venezuela's Hugo Chavez said he felt disappointed that his jumbo gas pipeline proposal to supply the South American continent had been "frozen" by several of the potential beneficiaries of the multi billion project.

"There's an attack on the gas pipeline from the very South American beneficiaries that have managed to freeze the project," claimed Chavez in a radio and television message from Caracas.

He admitted that until recently the project was advancing on technical issues and with the signature of several agreements with his counterparts from Brazil, Argentina and Bolivia, presidents Lula da Silva, Nestor Kirchner and Evo Morales.

"But now it's all frozen, the project apparently has been frozen: no further meetings, schedules have been postponed; we can't force others to build a pipeline to the South if they don't want to," said Chavez.

However the Venezuelan president underlined that his proposal is not for money since it would be far more beneficial to sell natural gas at market prices to the United States and insisted that the pipeline idea had more to do with South American solidarity.

"We'd never sell gas to South America at developed countries' prices. If money was the motive we'd be thinking in selling to the North, but no, we are Bolivarians, we want to share our wealth with the rest of South American peoples", said Chavez.

The project contemplates the construction of a net of pipelines from Venezuela extending to Argentina, Brazil, Bolivia, Paraguay and Uruguay totaling some 8.000 kilometers and demanding an investment in the range of 23 billion US dollars.

But from the very start energy experts have argued that for the project to be profitable Venezuela would have to pump between 150 and 200 million cubic meters per day of gas, when it will only be pumping 50 million cubic meters by 2016.

Besides, the project faces serious environmental challenges particularly crossing the Amazon rain forest and the "pantanal" or tropical marsh lands in the heart of the continent.

Chavez who has insistently promoted regional energy integration with the purpose of strengthening Latinamerica reiterated Venezuela has sufficient gas reserves to supply the continent for a century.

According to official data, Venezuela's natural gas production in 2006 was 1.6 billion cubic feet per day.

Mercopress

Tags:

  • Show Comments (3)

  • doggydaddy

    Infected Boil
    Chavez has become an infected boil ozzing poison through out the continent. Time is coming to lance the puss out!

  • Brazilian Dude

    A generous soul…
    Sure, the pipeline was all about sharing; the man is a saint. It was never about power or exerting influence…
    Really, how stupid does he expect people to be? Half-witted morons like Lula LelÀƒ© might actually think there is some kind of relationship with this guy that doesen’t involve Chavez taking the other doggy-style, but the rest of the world sorta takes his claims with an Everest-sized grain of salt, y’know?

  • Ric

    The Miracle Worker
    He froze a pipeline in the Tropics. Nice work.

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

Fiscal Discipline at the Root of Brazil’s Growth and Falling Inflation

The past decade or so has been a particularly challenging one for the International ...

For Sociologist, Violence in Brazil Is Pandemic, Very Hard to Deal With

Julio Jacobo Waiselfisz is a sociologist who  has been the principal author of the ...

Lethal Trend: 25% of the Vehicles in Brazil Are Motorcycles

Brazil’s Map of Violence 2012, Traffic Accidents, a document from  Instituto Sangari, found that ...

Vive Cardoso

Blaming the Americans for the world’s problems will always win applause, especially in France, ...

Brazil Joins France to Blame US for Crisis and Demand More Oversight

French President Nicolas Sarkozy in a visit to Brazil and his Brazilian counterpart Luiz ...

Brazil Puts Pictures of Missing Children on Lottery Tickets

The head of Brazil’s Special Secretariat for Human Rights, Paulo Vannuchi, says that by ...

Brazilian President Luiz Inácio Lula da Silva

The Brasília Consensus: What Brazilians Want

The fat lady hasn’t sung yet, but if the October 24 DataFolha poll is ...

Brazil’s WSF Splits for Anti-Liberal Planetary Fight

Next year’s World Social Forum (WSF), which is now taking place in Brazil, will ...

Brazil to Build 5 New Hydroelectric Plants in the Amazon

The president of Brazilian electric energy company Eletrobrás, José Antônio Muniz, announced yesterday (19), ...

Making Do

New official statistics show that the subterranean economy in Brazil employs one in every ...