Published Times.
This price will apply until 31 December. From that date, use another formula for pricing
Buenos Aires Rev. - President Evo Morales and his colleague Néstor Kirchner, in a ceremony before thousands of people who rated each other of "companions and friends," signed yesterday a new agreement that Argentina agreed to pay more for gas it imports from Bolivia.
The signing of the new agreement was made before thousands of residents and many Bolivian supporters of Kirchner, in the municipality suburban Hurlingham, about 25 miles northwest of Baghdad.
Under the new agreement, Argentina will pay five dollars below a million BTU (British thermal units) instead of the current $ 3.50 for the 7.7 million cubic meters of Bolivian gas imports daily.
The new price will from next July 15 to December 31, 2006. From that date, agreed to use a formula that relates the price of gas, the price of gas methane, butane and natural gasoline, said Andres Soliz Rada, Bolivia's hydrocarbons minister.
Thus, added Soliz Rada, the price of gas is permanently reset.
The Minister also reported that in Bolivia, near the border, install a liquid separation plant, financed by Argentina. But Bolivia will own about liquids and marketing.
"The gas to be exported will have the same characteristics as those recorded in the current supply to the transport system at certain points in the Bolivia-Argentina border, until it implements the construction of the plant to liquefy gas extraction natural, "the agreement. Morales
In his speech, Morales said: "This agreement, reached after lengthy negotiations, is a benefit to my country, economic relief. It's a benefit to both countries. Surely, now we will continue negotiating with other governments. "
The president visitor that his country faces a key election on Sunday to appoint the new Constituent Assembly, expressed confidence that the agency will" ensure the nationalization of hydrocarbons, " and ordered by his government.
"Natural resources, minerals, plants or forest can not be privatized or franchised," said the Bolivian president.
"We would like to follow in the footsteps of fellow Kirchner" added, referring to the sustained improvement was recorded in the economic and social situation in Argentina.
Kirchner, who called his guest of "dear colleague and friend," he said in turn that "This agreement also means investments. We are taking the first step to construct the pipeline in northwestern Argentina and also for the gas to industrialize Bolivia. "
said the aim of his government "is that we can do with the people of Bolivia and Evo, the gas pipeline south from the Orinoco to Uruguay, which will travel throughout Latin America and serve to balance the energy equation in the region." Kirchner thanked
"Long-suffering, hard working and dedicated resident Bolivians in Argentina" and vowed to fight the inhumane exploitation of episodes that have been experienced by some humble Bolivians in sweatshops in this country.
Morales arrived early yesterday at the head of a delegation composed of six cabinet ministers and the chairmen of the Senate and House of Representatives of his country, arrived in the Argentine military aircraft.
From the metropolitan airport went to Government House, where Kirchner was waiting for a meeting behind closed doors. Both leaders then left by helicopter for Hurlingham, in which sports stadium was made the ceremony of signing the agreement.
The new price agreed after months of negotiations between Buenos Aires and La Paz governed from July 15 until the end of the year. Before the parties must define a formula to calculate the value that will be implemented from 2007, officials said.
The Bolivia's energy minister, Andrés Soliz Rada, hinted that this agreement affects Chile, noting that Argentina has undertaken "not to issue new licenses to private companies to export Bolivian gas" to the Chilean market.
Soliz Rada told reporters that Bolivia wants to sell energy to Chile, but stressed that the government Morales is in effect the "politics of gas by sea", referring to the old claim of Bolivia to Chile for an outlet to the Pacific Ocean. The agreement
EL Bolivia's hydrocarbons minister Andres Soliz Rada, explained yesterday how shall from 31 December the price of your country will export gas to Argentina.
But from next year, added the Minister, be used to determine the pricing formula that relate to the price of methane and butane and natural gasoline. Gas prices will be adjusted permanently.
Soliz Rada said the issue for him fundamental agreement signed by the presidents, will be the installation in Bolivia, near the border with Argentina, a liquid separation plant wet and dry gas.
The Minister said his country will have ownership of these liquids and marketing. He added that Argentina claimed that property, but Bolivia has reached an agreement offering lower by 50 cents per million BTU price in exchange for retaining control of the plant.
This price will apply until 31 December. From that date, use another formula for pricing
Buenos Aires Rev. - President Evo Morales and his colleague Néstor Kirchner, in a ceremony before thousands of people who rated each other of "companions and friends," signed yesterday a new agreement that Argentina agreed to pay more for gas it imports from Bolivia.
The signing of the new agreement was made before thousands of residents and many Bolivian supporters of Kirchner, in the municipality suburban Hurlingham, about 25 miles northwest of Baghdad.
Under the new agreement, Argentina will pay five dollars below a million BTU (British thermal units) instead of the current $ 3.50 for the 7.7 million cubic meters of Bolivian gas imports daily.
The new price will from next July 15 to December 31, 2006. From that date, agreed to use a formula that relates the price of gas, the price of gas methane, butane and natural gasoline, said Andres Soliz Rada, Bolivia's hydrocarbons minister.
Thus, added Soliz Rada, the price of gas is permanently reset.
The Minister also reported that in Bolivia, near the border, install a liquid separation plant, financed by Argentina. But Bolivia will own about liquids and marketing.
"The gas to be exported will have the same characteristics as those recorded in the current supply to the transport system at certain points in the Bolivia-Argentina border, until it implements the construction of the plant to liquefy gas extraction natural, "the agreement. Morales
In his speech, Morales said: "This agreement, reached after lengthy negotiations, is a benefit to my country, economic relief. It's a benefit to both countries. Surely, now we will continue negotiating with other governments. "
The president visitor that his country faces a key election on Sunday to appoint the new Constituent Assembly, expressed confidence that the agency will" ensure the nationalization of hydrocarbons, " and ordered by his government.
"Natural resources, minerals, plants or forest can not be privatized or franchised," said the Bolivian president.
"We would like to follow in the footsteps of fellow Kirchner" added, referring to the sustained improvement was recorded in the economic and social situation in Argentina.
Kirchner, who called his guest of "dear colleague and friend," he said in turn that "This agreement also means investments. We are taking the first step to construct the pipeline in northwestern Argentina and also for the gas to industrialize Bolivia. "
said the aim of his government "is that we can do with the people of Bolivia and Evo, the gas pipeline south from the Orinoco to Uruguay, which will travel throughout Latin America and serve to balance the energy equation in the region." Kirchner thanked
"Long-suffering, hard working and dedicated resident Bolivians in Argentina" and vowed to fight the inhumane exploitation of episodes that have been experienced by some humble Bolivians in sweatshops in this country.
Morales arrived early yesterday at the head of a delegation composed of six cabinet ministers and the chairmen of the Senate and House of Representatives of his country, arrived in the Argentine military aircraft.
From the metropolitan airport went to Government House, where Kirchner was waiting for a meeting behind closed doors. Both leaders then left by helicopter for Hurlingham, in which sports stadium was made the ceremony of signing the agreement.
The new price agreed after months of negotiations between Buenos Aires and La Paz governed from July 15 until the end of the year. Before the parties must define a formula to calculate the value that will be implemented from 2007, officials said.
The Bolivia's energy minister, Andrés Soliz Rada, hinted that this agreement affects Chile, noting that Argentina has undertaken "not to issue new licenses to private companies to export Bolivian gas" to the Chilean market.
Soliz Rada told reporters that Bolivia wants to sell energy to Chile, but stressed that the government Morales is in effect the "politics of gas by sea", referring to the old claim of Bolivia to Chile for an outlet to the Pacific Ocean. The agreement
EL Bolivia's hydrocarbons minister Andres Soliz Rada, explained yesterday how shall from 31 December the price of your country will export gas to Argentina.
But from next year, added the Minister, be used to determine the pricing formula that relate to the price of methane and butane and natural gasoline. Gas prices will be adjusted permanently.
Soliz Rada said the issue for him fundamental agreement signed by the presidents, will be the installation in Bolivia, near the border with Argentina, a liquid separation plant wet and dry gas.
The Minister said his country will have ownership of these liquids and marketing. He added that Argentina claimed that property, but Bolivia has reached an agreement offering lower by 50 cents per million BTU price in exchange for retaining control of the plant.
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