The presidents of Venezuela and Brazil pledged Thursday to accelerate energy
integration between the two countries in an effort to heighten the region's
Although energy integration in Latin America is not a new movement and some feel
it can help limit regional energy crises, closer energy interdependence between
Brazil, Bolivia, Argentina and Chile over the last decade has worsened the
region's current energy crisis.
Brazil's President Luiz Inacio Lula da Silva and his Venezuelan counterpart,
Hugo Chavez, want to advance talks on building a joint gas pipeline from
Venezuela to Argentina by June. Venezuela has Latin America's largest gas
Analysts say the task of laying pipeline across the heart of Amazon region, over
thousands of miles of Brazil's interior and possibly other countries will face
serious logistic and bureaucratic challenges.
They also want to seal a joint-venture in the ...