Brazil - Brazzil Mag - Brazil and Bolivia Can't Reach Accord One Year After Oil Nationalization
Advertisement
  Home arrow News arrow April 2007 arrow Brazil and Bolivia Can't Reach Accord One Year After Oil Nationalization Sunday, 29 November 2009 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 169 guests online
Latest News
Statistics
Members: 494
News: 11484
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Most Read
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 
The Latest from Brazzil Magazine
Home
Brazil and Bolivia Can't Reach Accord One Year After Oil Nationalization PDF Print E-mail
Written by Newsroom   
Friday, 20 April 2007

Brazilian president Lula and Bolivian counterpart Morales Bolivia's president Evo Morales denied having squabbled with Brazil's Lula da Silva during the recent energy summit in Venezuela, but admitted having discrepancies over how much Bolivia must pay for the two nationalized oil refineries from Petrobras.

"I want to say that we have not had differences to the extent which from Brazil have been interpreted as a fight with my good friend Lula", said Morales in La Paz after having underlined his "respect and admiration" for the Brazilian leader.

"With companion Lula we are close friends and have many coincidences", he insisted rejecting versions in the Brazilian press that dialogue in Venezuela between the two leaders was "harsh" and that Lula rejected Bolivian conditions for the nationalization of Petrobras refineries.

Morales did admit "discrepancies" as to how much Bolivia should pay Petrobras for having taken control of the refineries, which continue to be managed by the powerful Brazilian corporation in spite of the May 2006 nationalization process.

The difference apparently rests somewhere between the commercial and inventory value of the refineries which was what Petrobras deposited back in the last decade when it took over the plants and refurbished them.

"That is in debate. Dialogue will continue with the sponsoring of the presidents of Brazil and Bolivia, between Petrobras and the Bolivian government owned oil company, YPFB", said Morales.

The two refineries one in Cochabamba and the other in Santa Cruz were purchased by Petrobras from the Bolivian government in 1999, having paid US$ 104 million.

According to the Bolivian press Morales is trying to have the two refineries back under government control by May first, on the first anniversary of the nationalization process.

At the beginning of the year Hydrocarbons minister Carlos Villegas estimated that in May the Bolivian government should have concluded negotiations to take control of five of the nationalized oil companies which remain under private management.

Besides Petrobras refineries, the group includes Andina (Repsol-YPF affiliate); Transredes (Shell & Ashmore); Chaco (British Petroleum); and the Hydrocarbons Logistics Company that includes Peruvian and German investors.

In related news the Bolivian government announced that natural gas exports to Argentina are "absolutely normal" in spite of the ransacking of a border station belonging to the gas pipeline connecting both countries, which happened during a regional dispute.

"The flow of five million cubic meters per day to Argentina and lesser volumes to the domestic market from the province of Gran Chaco has not been interrupted", asserted Galia Morales from Bolivia's oil regulating body.

"Pumping is on automatic pilot" was confirmed by the companies involved.

Different counties from Gran Chaco province are disputing the possession of a gigantic natural gas deposit in the area.

Mercopress

Hits: 4365
Comments (5)Add Comment
Harumph
written by AES, April 20, 2007
Of course they cant agree, Boliva already is in possession of the property it stole, reniging on a deal, its word is not its bond. They are theives, cheap business men without honor. A thief believes that once they have stolen the property it is you that owes them if you want it back. 'You dont expect a thief to keep their word, business is often about averaging, and 'nothing ever goes right in business'.
report abuse
vote down
vote up
Votes: +0
...
written by conceicao, April 20, 2007
This is just further proof that Chavez, Morales et al cannot manage and/or upgrade the industrial assets that they have co-opted. There is a bright dividing line between the competency and
efficiency of the Brasilian multinationals as compared to the empty ideology of the new wave South american socialists. I believe that the clownish example Morales, etc, provide will keep
Brasilian industry on the other side of the line no matter who controls the Brasilian government.
report abuse
vote down
vote up
Votes: +0
Its words and not its bonds ????
written by ch.c., April 21, 2007
I supppose you are talking about Lula...also !
- Did he not promise 10 millions new jobs during his first mandate ? He delivered only 5 millions.
- Did he not promise 400'000 MST settlements ? He delivered half....only !
- Did he not promise a fight against corruption ? There is MORE corruption now !
- During the vote buying scandal, did he not say "Impunity will not be tolerated" ?
90 % of those found guilty by the investigators and by the Ethics committee of the Congress, have been pardoned, in a secret vote,
by the other politicians, as corrupted as the ones they pardoned !
- Did he not promise 5 % economic growth rate year after year ? He came close only in 2004, one year out of 5 !
- Did he not promise more security and less violence ? Security is declining and violence/crimes growing.

I could continue...for hours about Lula words and bonds !!!!
Lula words and promises are worth ONE 1940 Brazilian currency unit.
Or less than today 0,00000000001 Reais !

And why are you against Bolivia energy nationalization and NOT against Chavez Energy and even some medias nationalizations ????

Ohhh...and guess who was publicly in favor of Morales...before his election ! Lulaaaaaa.......of course !
At least and contrary to Lula, Morales sticks to his words. Before his election, he said that the Energy Industry will be nationalized.

Thus who is surprised ?
Surprised that for once, a LATAM President deliver what he promised ?

Morales certainly deserves more respect than Lula....by sticking to his words AND promises !
report abuse
vote down
vote up
Votes: +0
Ch.c: Hey Clueless
written by AES, April 22, 2007
Last Friday, after just 14 months in office, President Evo Morales named his fourth president of Bolivia’s state oil and gas company (YPFB) in just over 14 months in office, Guillermo Aruquipa Copa. Bolivia’s oil and gas team has been a story of one turnover after another, including three heads of its regulatory agency and two energy ministers. The current minister, Carlos Villegas, submitted his resignation last month, but was talked into staying by President Morales.

Morales Olivera’s credentials had been questioned from the start. He had no previous experience in the oil and gas business before President Morales named him an advisor to YPFB’s president in January of last year. He did, however, come with significant party references - his father is a leading member of the MAS party, and his sister the director of Bolivia’s customs service. Last October opposition lawmakers accused him of favoring his father in the awarding of auditing contracts for gas fields. Then in January, over objections by critics that he was unqualified, President Morales tapped Morales Olivera to be YPFB’s president despite a YPFB statute that stipulates that the company's president should be a professional in the field, and have at least five years’ leadership experience in the energy .

This and other recent setbacks have left Bolivians questioning their government’s capacity to manage its all-important oil and gas industry.

Perhaps the final blow for Morales Olivera was the appearance in national media of a series of photographs taken last December showing him and his negotiating team of young professionals, who call themselves the ‘rug rats,’ enjoying the beaches and nightlife of Havana, Cuba. They had just completed a training seminar at a cost to Bolivian taxpayers of over $40,000. Vice President Garcia Linera has asked YPFB to justify these expenses
report abuse
vote down
vote up
Votes: +0
Bolivia, again, the self-made loser
written by mafagafo, April 23, 2007
Read
http://oglobo.globo.com/economia/mat/2007/04/23/295473630.asp
report abuse
vote down
vote up
Votes: +0

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >
Brazzil Magazine on Twitter


Visit Brazzil Social with Video, Music and Chat


Home
Brazzil Magazine - Since 1989 trying to understand Brazil
  • Poor Women from Northeast Brazil Learn Joy of Meeting and Helping Each Other


    Joined hands The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area.

  • Ahmadinejad's Visit: Iran, Honduras and Brazil's Hypocrisy in Dealing With Them


    Ahmadinejad and Lula The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy.

  • Lula Is About to Fulfill His Wish of Getting His Good Friend Chavez in Mercosur


    Lula and Chavez On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil.

  • Denying Education is the Other AIDS. And Brazil Is Guilty of Inflicting It


    Children from a Diadema band Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms.

  • Child Labor Went Down in Brazil, But 5 Million Underage Workers Are Still Way Too Many


    Child labor in Brazil One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis.

  • Some Humility Would Do Lula Good. On Human Rights Brazil Has Long Way to Go


    A prison in Rio de Janeiro, Brazil On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking.

  • Brazil's Amazon Rainforest Policy Is a One-Way Road to Disaster


    Trasamazonian road in BrazilDepletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse.

  • Geisy, Brazil's Miniskirt Student, Should Try US College Next Year


    Geisy Arruda from BrazilGeisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose.

  • Vigilante Groups in Brazil Trump Drug Gangs and Become Rio's New Authority


    Brazilian favela in Rio The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj).

  • Brazil Police Use Press Coverage as Green Light to Kill and Invade Houses in Rio


    Rio police in a favela A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17.  Three policemen died and another two were injured.  This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.