Venezuela, Argentina sign Bolivia energy accords

[Judi Lynn]

Source: Reuters

Venezuela, Argentina sign Bolivia energy accords
Sat 11 Aug 2007, 7:35 GMT
By Julieta Tovar

TARIJA, Bolivia (Reuters) - Argentina and Venezuela pledged new oil and natural gas investments on Friday in their neighbor and leftist ally Bolivia, which is seeking new investors after nationalizing its energy sector last year.

Leaders from the three countries met in Tarija, Bolivia's natural gas capital, where President Nestor Kirchner said Argentina would give Bolivia soft loans for a $450 million processing plant to ship more natural gas to Argentina.

Bolivia and Venezuela launched an ambitious energy alliance earlier in the day, announcing $600 million in oil exploration by a new binational company, YPFB-Petroandina.

In Tarija, President Evo Morales said, as he has before, that companies that do not meet investment commitments will be thrown out of Bolivia, and Kirchner said Argentina would step in.



Read more: http://africa.reuters.com/business/news/usnBAN130909.html

[Vidar]

1. Kudos to all three nations & their leaders. Thanks Judi, as always.

[Judi Lynn]

8. Hi, Vidar. Thanks. Always great seeing your comments. n/t

[Selatius]

2. Wall Street is not happy. They will try to take away from Latin Americans once more.

Our business interests on Wall Street will find some way to dismantle what they've done so that American companies can once again regain primacy over their natural resources. They have the bankers and the hitmen to take down nations. If Wall Street gets its way, their progress will be turned to dust.

[DCKit]

3. Headline "White House Cataplectic as Communist SA Countries Deny Oil Rights"

What more can I say. We should have thought of that while we still had the chance.

[Judi Lynn]

4. Maybe you could illuminate the meaning of your "headline" for DU'ers.

It'd be good to find out what these "Communist" SA Countries are and whose "oil rights" they are denying.

[Peace Patriot]

5. It's amazing what democratically elected governments can do for their people,

ain't it?

Too bad we don't have such a government here.

[Judi Lynn]

9. Yeah, but, uh, we have people who decide how we all voted, for us. We've got it made! n/t

[pingzing58]

6. I pray that the poor in Bolivia are helped by this agreement.

[ProudDad]

7. Gee, the freakin fascist

oil-igarchy in the U.S. is going to have more trouble --- they'll have to sponsor 3 coups at the same time to do anything substantive about this...

Viva Chavez, Viva Morales, Viva Kirchner!!!

[Judi Lynn]

10. They're going to have to hire more mercenaries, aren't they? Sheesh!

Thank goodness there are still a lot of death squad members who never settled down to regular life in Central America who are available, as well as the Colombian death squad guys who haven't signed up to go to Iraq. They are always a bargain since they work for a fraction of the price of American mercenaries.

It's hard work running a fine democracy.

[ProudDad]

11. It's "Hard Work"

being the dimmest bulb on the world stage...

It's hard work by the M$M allowing this mentally defective inheritor of power and privilege to remain unclothed without comment...

It's hard work on the part of the corporate capitalist masters to keep a straight face when talking about their puppet, the shrub...