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Brazil wants to depend less on its neighbors for gas

March 18, 2009

SAEM – Inaugurating Brazil’s second 14 million cu m/day regasification terminal at Guanabara Bay, located next door to Rio de Janairo, Brazilian President Luiz Inacio Lula da Silva gives a stern warning: “We will not depend on anyone’s good will” for gas supplies.

Petrobras inaugurated last year its first-ever regasification terminal in Pecem, located in the northeast Brazilian state of Ceara. The capacity of the LNG terminal is 7 million cu m/day.

Without naming any countries, Lula pointed the finger at two countries that supply Brazil with pipped gas: Bolivia and to a lesser extent Argentina.

Here is the videoclip in Portuguese. The first 48 seconds is silent with images of the regas terminal.

The article can be reprinted as long as as the source is cited.

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