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ISSUES....
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Gas Summit fail

Bolivia, Brazil, Argentina presidents that attended the summit called by Bolivia to decrease tension over its plans to nationalize its natural gas industry ended in uncertainty on Thursday. The leaders failed to reach agreement on proposed price increases and instead Venezuela's president who also joined the summit, announced the inclusion of Bolivia in the plans to build a grand gas pipeline from Venezuela to Argentina. After the meeting, President Néstor Kirchner of Argentina told reportes the price of Bolivian natural gas would be discussed in a "rational" manner and set at a level that would make investments viable. Luiz Inácio Lula da Silva, president of Brazil, said prices would be discussed "in the most democratic manner possible".

Petroleumworld 05 05 06

ISSUES....

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