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Judi Lynn

(160,526 posts)
Wed Jan 25, 2017, 10:56 PM Jan 2017

Bolivia to offer excess energy to Argentina, Brazil and Chile

Bolivia to offer excess energy to Argentina, Brazil and Chile
Source: Xinhua | 2017-01-26 04:47:40 | Editor: huaxia
By René Quenallata Paredes

LA PAZ, Jan. 25 (Xinhua) -- Bolivia will offer electrical energy to Argentina, Brazil and Chile at good prices once the hydroelectric plants of El Bala and Rositas start operation, with excess energy destined for exports, announced Vice-President Alvaro Garcia on Wednesday.

At a press conference in La Paz, Garcia said the government is seeking to export energy to its neighbors.

"We are seeking to have a greater electrical energy offering to reach a pricing and volume level that will be unbeatable for any other energy provider in Argentina, Brazil and Chile. We are in the process of generating excess energy," said the leader.

Concerning Chile, Garcia said the country needed to import gas by boat which means it could not compete with Bolivia which will have dams, leading to an offer at prices "that cannot be equalled."

He added that Argentina and Brazil, the most developed countries in the region, are also seeking to import energy from various countries.

More:
http://news.xinhuanet.com/english/2017-01/26/c_136012899.htm

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