Bolivia and Uruguay to invite Argentina to study gas project

Nov 06, 2004 01:00 AM

Bolivia and Uruguay decided to invite Argentina to analyse the transportation of Bolivia's natural gas to Uruguay through Argentina's pipelines. Reports said the decision was made in a meeting attended by Uruguay's Industry, Energy and Mining Minister Jose Villar, and Bolivia's Hydrocarbon Minister Guillermo Torres, in the Bolivian city of Santa Cruz.
Villar and Torres are expected to meet with Argentine officials on the project at the inauguration ceremony of the Binational Technical Commission created by Bolivia and Uruguay in August.

The trilateral meeting will discuss the transportation of Bolivia's gas through Argentina, which buys nearly 4 mm cm of Bolivian fuel per day. According to the reports, Bolivia and Uruguay analysed at the meeting in Santa Cruz the possibility of initially trading 150,000 cmpd of gas and gradually increasing the amount to 2 mm cm within three years.
Argentina also plans to increase the purchase of Bolivian gas to 6.5 mm cmpd in 2005 and to 20 mm cm as soonas a new pipeline is completed in north-eastern Argentina.

According to another report, Bolivian President Carlos Mesa met with Argentina's Planning Minister Julio de Vido in the Bolivian city of La Paz.
During the meeting, Mesa agreed to meet with his Argentine counterpart, Nestor Kirchner, on the issue in the Bolivian city of Yacuiba in October.

Source: Xinhua News Agency
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