Brazil’s Petrobras Told to Invest to Reduce Dependence on Bolivian Gas

    The Brazilian government’s central policy group has ordered Petrobras, the country’s state-run oil giant, to invest more in natural gas exploration and production in order to reduce Brazil’s dependence on gas from Bolivia.

    Approximately 50% of the natural gas used in Brazil at the moment comes from Bolivia.

    Participating in the meeting were Brazilian President Luiz Inácio Lula da Silva; the presidential Chief of Staff Dilma Roussef; minister of Finance, Guido Mantega; minister of Justice, Thomaz Bastos; the head of the secretariat of Institutional Relations of the Presidency, Tarso Genro; and the General Secretary of the Presidency, Luiz Dulci.

    According to presidential spokesman, Andre Singer, "In the meantime, there will be no price increases for Brazilian consumers, be they residential, business or automobile users. And there will be no shortage of gas."

    ABr

    Tags:

    • Show Comments (0)

    Your email address will not be published.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

    Brazil's candeia tree

    Brazilian Farmers Get Paid for Reforesting

    Brazilian farmers from six cities in the interior of the state of Minas Gerais, ...

    Housing and Clothing Lead Consumer Price Boost in Brazil

    Brazil’s Market Prices General Index, IGP-M with a strong incidence of wholesale prices, contracted ...

    Presidential candidates Dilma Rousseff and José Serra

    Dilma and Serra to Have First TV Debate Less than 2 Months Before Presidential Election

    Dilma Rousseff and José Serra, Brazil’s main presidential candidates, will be holding their first ...

    European Union Bans Brazilian Beef Due to Foot and Mouth Disease

    The Brazilian government on Tuesday, October 11, received four notifications canceling temporarily the purchase ...

    POR AÍ

    Irreverent, sensual without being crass, author Joyce Cavalcante has focused her writer’s eye on ...

    Sugarcane harvest in Brazil

    Brazilian President to Unveil Roadmap for Brazil’s Agriculture

    One of the aims of the International Conference on Biofuels: Biofuels as a Vector ...

    Brazil and Argentina Join Forces in Science

    Brazil’s Minister of Science and Technology, Eduardo Campos and his Argentinean counterpart, Daniel Filmus, ...

    What to Plant in Tobacco Fields? Brazil Wants Suggestions.

    In his presentation, Monday, January 30, of the Support Program to Diversify the Production ...

    Knock on Wood

    How would you fancy to have a job in a country where everybody else ...

    Brazil Offers Loans to Help Reduce Greenhouse Gases

    A new loans and grants scheme in Brazil will fund company initiatives that help ...