• Categories
  • Archives

Argentina Would Like for Brazil to Explore Its Oil

Oil high prices made Argentina oil attractive

Oil high prices made Argentina oil attractive Brazilian President Luiz Inácio Lula da Silva received the governor of the Argentine province of Cordoba, José Manoel de la Sota. The governor came to invite Brazilian oil company Petrobras to participate in an international call to tender to be opened in May to explore oil and natural gas in the region.

According to de la Sota, research in the region in the 1970s guaranteed the existence of oil in the province, but, at the time, companies considered production too expensive. "Now, with the new oil prices all around the world, we believe that this will change," stated the governor.

José Manoel de la Sota is to meet with Petrobras president José Sérgio Gabrielli. For the next week, a talk is scheduled including the presence of Petrobras representatives and technicians who worked on studies for the international call to tender in Buenos Aires, the Argentine capital.

"We would greatly appreciate Petrobras' presence as it is the Brazilian state-owned company. Argentina no longer has a state-owned company. YPF [Yacimientos Petrolí­feros Fiscales] is now in the hands of Repsol, which is a multinational.

"The other companies are private and, as we, from Córdoba, feel that we are part of the Mercosur, we would like Petrobras, which is a Brazilian state-owned oil company, to participate actively in exploration and export of gas and oil from Córdoba," said de la Sota.

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Your email address will not be published.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

In Brazil, Torture Is Still Favorite Interrogation Method

The Constitution of Brazil declares that the government of this country cannot punish individuals ...

Brazilian Indians Sue Government to Get Traditional Land Back

Two lawsuits will reinforce the mobilization of Brazil’s Krahô-Kanela people and their allies, such ...

Brazil’s Petrobras Exchange Technology with Mexico’s Pemex

The president of Brazilian state-controlled oil company Petrobras, Sérgio Gabrielli, is in Mexico to ...

Bioclone, a Brazilian Company Cloning Fruit Trees

Have you ever considered the possibility of buying pineapples, bananas and sugarcane produced in ...

Ypií³ca: the Rich History of Brazil’s Poor Man’s Drink

Visitors to Fortaleza should not miss the chance to visit the Museu da Cachaça ...

Brazilian woman makes laces in cover of book on Renaissance lace

Arabesque: an Arabian Touch on Lace Made in Brazil

They left the Arab countries, passed by Europe and ended up on the hands ...

Brazil’s Human Scavengers Finally Get a Break

For the fifth successive Christmas, President Luiz Inácio Lula da Silva visited an association ...

Requiem for a Bubble

Globo Group and the Folha Group, two giants of the media, who had wrangled ...