Mario Osava

RIO DE JANEIRO (Tierramerica) - A mega pipeline in South America that would transport gas across the Amazon and other ecosystems is being drowned in criticisms in Brazil, where many say the project is dead, given the recent nationalisation of Bolivia's energy resources.

The pipeline "was born half dead," and is not economically viable, according to Wagner Victer, energy secretary for Rio de Janeiro state. The project "is foolish," says environmental activist Roberto Smeraldi, director of Friends of the Earth/Brazilian Amazon.

The nationalisation of Bolivia's gas and oil industry, decreed on May 1, could be the coup de grace for the South American pipeline, say analysts. The Bolivian move, which especially affects the Brazilian national oil giant Petrobras...

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Posted by rjorr at June 2, 2006 7:27 PM