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Milei's team shows interest in continuing the gas pipeline project to Brazil

Written by Paulo S. Nogueira
Published 22/11/2023 às 12:38
hear news, Argentina, gas pipeline, Vaca Muerta, Uruguaiana, Rio Grande do Sul, diplomacy, BNDES, energy integration, Mercosur, financing, industry, São Paulo, prices, Brazil-Bolivia, energy input, civil work, Argentine government, surroundings president, Milei, management, schedule
Javier Milei, new elected president of Argentina Tomas Cuesta/Getty Images

Strategic Work by Alberto Fernández will take natural gas from Vaca Muerta to Uruguaiana, in Rio Grande do Sul

The Brazilian government was informed, through contacts with the team of the recently elected president of Argentina, Javier Milei, that there is interest in maintaining a crucial project for Alberto Fernández's administration: the construction of a gas pipeline to transport natural gas from the mega deposit of Vaca Muerta to Uruguaiana, in Rio Grande do Sul.

This message was communicated to the Brazilian embassy in Buenos Aires by Milei's team, in conversations with Diana Mondino, who is tipped to take over the Ministry of Foreign Affairs. The gas pipeline is in the bidding phase by the Argentine government and, if the schedule is followed, the work could be completed between the end of 2024 and the beginning of 2025.

This venture would allow transporting a similar amount of gas to Uruguaiana compared to the Brazil-Bolivia Gas Pipeline, but at lower prices. From Uruguaiana, the gas could be transported to São Paulo, supplying industry in the Southeast region. Fernández was seeking financing from the National Bank for Economic and Social Development (BNDES) to purchase the steel tubes needed for civil works, and the project is considered fundamental for energy integration between the two main Mercosur countries.

Strategic project in Brazil-Argentina relationship maintains interest of new president

The Brazilian government was informed, through contacts with the team of the recently elected president of the Argentina, Javier milei, that there is interest in maintaining a crucial project for Alberto Fernández's management: the construction of a pipeline to transport natural gas from the megafield of Dead cow to Uruguayan, at Rio Grande do Sul.

This message was communicated to the Brazilian embassy in Buenos Aires by Milei's team, in conversations with Diana Mondino, who is tipped to take over the Ministry of Foreign Affairs. The gas pipeline is in the bidding phase by Argentine government and, if the schedule is followed, the work could be completed between the end of 2024 and the beginning of 2025.

This venture would allow transporting a similar amount of gas to Uruguayan compared to the gas pipeline Brazil-Bolivia, but prices lower. From Uruguayan, the gas could be transported to São Paulo, supplying the industry of the Southeast region. Fernández was looking for financing of the National Bank for Economic and Social Development (BNDES) for the acquisition of the steel tubes necessary for civil works, and the project is considered fundamental for the energy integration between the two main countries of the Mercosul.

Source: CNN Brazil

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Paulo S. Nogueira

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