Saturday, March 04, 2006

Chavez's Latin Pipeline a Go

South America unveils pipeline
By Greg Morsbach
BBC News, Venezuela

Officials from Argentina, Brazil and Venezuela are meeting in Caracas to lay the foundations for a jointly-financed gas pipeline.

The 8,000km (5,000 miles) pipeline would provide Venezuelan gas to much of South America.

It will cut across the Amazon rainforest and run all the way to the southern tip of the continent, and its price tag is $20bn.

"We've already taken the political decision to build this pipeline. Now we're discussing the technicalities," a Venezuelan oiloffical said.



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