Thursday, April 06, 2006

Russia May Help Build Gas Pipeline in South America�— Russian PM - MONEY - MOSNEWS.COM

original
Created: 06.04.2006 16:30 MSK (GMT +3), Updated: 16:41 MSK, 14 hours 13 minutes ago
MosNews

Russia could help build a natural gas pipeline linking Venezuela, Argentina and Brazil, Russian Prime Minister Mikhail Fradkov said.

Speaking after a meeting with the heads of Brazilian energy companies during his visit to Brazil, Fradkov said that Russian companies could participate in the construction of a transcontinental natural gas pipeline, a project estimated to cost between $15 billion and $23 billion. He added, however, that no specific projects had been proposed yet, UPI reported.

Fradkov also said that Russian-Brazilian trade volume should reach $10 billion by 2010.

Boris Alyoshin, head of Russia`s Federal Agency for Industry, said a wide range of issues had been discussed during meetings in Rio de Janeiro this week, including Russian involvement in the use of developed deposits, hydro- and bio-energy projects, and the construction of electricity grids in Brazil.

Alyoshin said Russia and Brazil had been forging a technological alliance “covering a wide range of areas —- the energy sector, including nuclear energy, space, aircraft building and even agriculture.”

No comments: