Brazil, Argentina and Bolivia decide to harmonize energy policies of the three countries
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Argentina’s President Cristina met with Brazilian President Lula and Bolivian President Morales on the same day. At the press conference held after the summit meeting, Argentine Foreign Minister Tayana said that the leaders of the three countries agreed that the ministers responsible for energy affairs should form a working group to coordinate energy policies and ensure the continued economic growth of the three South American countries. In addition, the working group will also discuss the three countries’ changes in energy demand, the search for alternative energy sources, and the volume of natural gas exports.
Prior to the meeting of the presidents of the three countries, Argentine Minister of Planning Julio de Vito, Bolivia’s Energy Minister Carlos Billegas, and Brazil’s Minister of Energy and Mining Silas Rondo held a preparatory meeting. Billegas said that the focus of the preparatory meeting is on the peak winter energy demand in Brazil and Argentina, and how Bolivia ensures the export of natural gas to these two neighboring countries.
At present, Brazil and Argentina both import natural gas from Bolivia. Among them, Brazil imports 27 million cubic meters to 29 million cubic meters of natural gas from Bolivia every day, and Argentina imports 2.5 million cubic meters to 3 million cubic meters of natural gas from Bolivia every day. According to an agreement reached between the Argentine and Bolivian governments last year, Bolivia should export 7 million cubic meters of natural gas to Argentina every day this year.
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