
Brazil to supply energy to Argentina:
minister
Mar 19, 2008 - Xinhua
Brazil will supply energy to Argentina during the
winter season so as to relieve the neighbor from the
energy crisis, Brazilian Minister of Mining and Energy
Edison Lobao confirmed Tuesday.
According to Lobao, 300 to 400 megawatts of power
will be sent on a daily basis, and Argentina will
repay the "loan" at a later opportunity.
"It is not a sales operation, but an exchange. We
send them energy as we can, they will give it back
at a later stage," the minister told the press after
attending the inauguration ceremony of the national
operations control center to be run by Transpetro,
state-owned oil and gas transportation company.
When responding to a question about the privatization
of government companies in the energy sector, Lobao
denied such a possibility.
He stressed that it is necessary to find a solution
to the losses that seven energy distributors have
been registering, and that one proposal would be to
merge those facilities into one single state-owned
company, with a centralized administration.
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