Peru, Brazil sign bilateral agreements in energy sector

Isabel Guerra

Peru, Brazil sign bilateral agreements in energy sectorThe governments of Brazil and Peru signed several bilateral agreements regarding to several cooperation areas, specially energy, during an official meeting in the Brazilian city of Manaos.

"This has been one of our most intense and productive meetings, because we have talked about very concrete issues that we need to fix inmediately for the development of our peoples,” said Peruvian President Alan Garcia.

Both presidents signed agreements on the areas of scientific and technical cooperation, border integration, agricultural production and management of hydric resources.

"We’re taking safe steps on the road to energetic integration,” said Garcia, adding that the agreements in the energy area “have a great potential, and can be developed without harming the environment.”

The largest binational project is the South Peru Gas Pipeline, to be built in the regions of Cuzco, Arequipa, Puno, Moquegua and Tacna, to exploit the Peruvian gas reserves, which are believed to reach 15 trillion cubic feet.

(Photo: Efe)

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