Bolivia, Paraguay forge energy links

Aug 25, 2015 12:00 AM

Paraguayan President Horacio Cartes praised the links between his country and Bolivia at the inauguration of a liquefied petroleum gas (LPG) plant in the southern Bolivian province of Tarija.

The Gran Chaco plant, which was inaugurated on Monday, will allow Bolivia to export LPG to Paraguay.

Cartes noted in his address that Paraguay and Bolivia marked the 80th anniversary of the end of the Chaco War, which pitted the countries against each other between 1932 and 1935, in June.

"Bolivia and Paraguay are not warmongering nations, we are peaceful nations, we are brothers and today we are rendering the best homage we could give to Bolivian and Paraguayan veterans," Cartes said.

"There has always been talk about uniting countries through energy, and this is the first time two fraternal countries are being integrated," the Paraguayan president said.

Cartes said that during Bolivian President Evo Morales's visit to Asuncion in late June, he asked him for assistance in supplying cheap gas to Paraguayan families, "especially people with low incomes."

Morales's response was a proposal for cooperation between state-owned YPFB of Bolivia and Paraguay's Petropar.

Two months ago, the presidents signed an agreement reducing the price that Paraguayan consumers pay for LPG from $17 to $12 per cylinder.

The Gran Chaco plant is one of the largest of its type in South America and was built by Spain's Tecnicas Reunidas at a cost of $688 million.

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