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will import Bolivian gas Enarsa. Referee

Published in The Nation .

The deal was sealed last week when Morales visit the country of Argentina will pay for more expensive

will spend $ 3.50 per million BTU-measuring unit, to 5.50 in 2007
Development Bank Brazil granted a loan of U.S. $ 689 million to finance a pipeline

The current system of importing gas from Bolivia will change from last week when the presidents of Argentina, Nestor Kirchner, and Bolivia, Evo Morales, sign a sales agreement fluid at a higher price than that currently paid. However, the changes are not limited only to increased fuel prices, but that the signature of the agreement will allow the state firm Energia Argentina SA (Enarsa) enter in the market for gas imports.

happens that, according to confirmed sources involved in negotiations, will be the amount Enarsa Bolivian gas and then selling in the domestic market.

"The agreement is between states. A Bolivian state company, YPFB [YPFB] will sell to a state enterprise Argentina [Enarsa]," a source confirmed to THE NATION from La Paz. For the price

that Argentina would pay, yesterday there was some clarification from the government of Bolivia. The ambassador in Buenos Aires, Roger Ortiz Mercado, revealed that our country will pay for natural gas priced at $ 5 per million BTU-gas measurement unit, until the end of the year, and from next, the value would rise to 5 $ 5.

The Government did not give figures of the agreement. In a press conference which was held at Government House to announce various issues related to energy infrastructure, the Federal Planning Minister Julio De Vido, merely predicting that the agreement will be "successful."

The official said that "we must wait for the meeting of chairpersons," noting that "all variables are set to make the meeting a success and may have an agreement." "Let's wait until Thursday, but my vision is quite optimistic, "said De Vido. Yesterday

among men in the sector remained the question on what the market performance after the deal. "What is known is that paid Enarsa, which means a player in the market," he heard a man say to industry.

De Vido anticipated further that after the agreement with Bolivia will be announcements regarding the project Northeast Pipeline (GNEA).

Argentina and Bolivia have in force an agreement for the sale of up to 7.7 million cubic meters a day at a price of around $ 3.40 a million BTU, but after the agreement now being negotiated could buy up our country 20 million cubic meters daily. Gas
subsidized


"Enarsa going to have to resell the gas in the domestic market, that is going to have a loss-making operation. Currently purchases gas from $ 3.40 and sold at 1.20 in the market internal, "said a senior private.

Another man linked to the industry reasoned that the entry of Enarsa has to do with a will of Government to subsidize the rates. "With the price agreements are in force, the industry could raise prices if their costs rise. In industry, increased gas could justify a price retouching. So it makes Enarsa in the middle to subsidize gas prices, "he said. "It is not good Enarsa used to channel public funds, rather than maintaining an entrepreneurial role," he added.

also confirmed that the National Development Bank (BNDES) approved a loan of U.S. $ 689 million to finance the expansion of transportation system operating gas pipelines transporting gas the TGN and TGS.

De Vido yesterday traveled to Caracas to attend the first meeting today to build the Southern Gas Pipeline, which would link Venezuela with Brazil, Bolivia and Argentina. "For the first time there will be a meeting of four," said De Vido. The minister said he had already met with Minister of Industry, Energy and Mining of Uruguay Jorge Lepra, to invite their country to participate. "Surely we do tomorrow an invitation to Uruguay is integrated," said De Vido.