Monday, July 17, 2006

Oil and Gas: Gazprom in talks with Brazil's Petrobas

Reuters reports that the president of Petrobras has said that Brazil's Petrobras is in talks with Gazprom over joint ventures including a gas pipeline from Venezuela to Brazil, Argentina and Chile.

A joint venture with Petrobras would be the Russian gas giant's first in Latin America.

Full article: Petrobras, Gazprom Plan Joint Gas Line (by Simon Webb)