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South American Gas Union
Gas and oil can represent for
South America what coal and
steel meant for the European
Union: the basis for an
integration that goes beyond
commercial and economic issues.
Venezuela´s inclusion in the
South Common Market (MERCOSUR)
this week provided new
significant openings for the
bloc, implying more structured
cooperation.
As the first of such steps
forward, Brazil, Argentina, and
Venezuela committed in
Montevideo to building an up to
6.2-thousand mile gas pipeline,
which will pave the way for a
South American gas
interconnection.
The project, expected to begin
in 2006, is opened to other
South American nations, in the
framework of Petrosur, part of
the Venezuelan strategy of the
Bolivarian Alternative for the
Americas (ALBA).
The ALBA project puts forward
integration based on cooperation
and complementation, as opposed
to the US-encouraged Free Trade
Area of the Americas that is
based on neoliberalism.
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