[NYTr] Bolivia-Brazil Begin New Era in Energy Cooperation

[All the News That Doesn't Fit]

Agencia Cubana de Noticias (ACN)
http://ainch.ain.cu/mailman/listinfo/ingles


Bolivia-Brazil Begin New Era in Energy Cooperation

Havana, Dec 18 (acn) Bolivia's Evo Morales and Brazil's Luiz Inacio 
Lula da Silva, set in motion Monday in La Paz a new era in bilateral 
relations by signing accords mainly related to energy, reported Granma 
newspaper.

The two heads of state, along with the presidents of Yacimientos 
Petroliferos Fiscales Bolivianos (YPFB) and Petrobras (Brazil) state 
oil companies and the ministers of energy, signed several accords in an 
alliance that according to Lula, "will lead to the broader goal of 
South American integration."

Among the main agreements is one under which Petrobras will invest 
between US $750 million and 1 billion over three years.

Another accord will make possible the drafting of a study on the 
installation of a methane plant in Bolivia in a joint effort of YPFB 
and the Brazilian firm Braskem.