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Bolivia Concentrates South American Energy
Market
Reports from Bolivia's Oil Ministry this weekend
indicate that construction of the region's
largest gas pipelines will turn this country
into the center of the South American energy
market.
According to Energy Minister Carlos Villegas,
only Argentina's Northeastern Gas Pipeline (GNEA),
with an area of 932 miles, will guarantee
supplies to Buenos Aires and Brazil.
Villegas said that GNEA construction project,
expected to be concluded in Dec 2009, was signed
by presidents of Evo Morales (Bolivia) and
Nestor Kirchner (Argentina) on Oct 19 2006.
Bolivia ranks as the second South American
country with the largest gas reserves.
Energy integration is perfectly feasible in the
area, but only possible as long as there are
results, according to Villegas.
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