SOUTH AMERICA: Plans turn cold for pipeline

Plans for a natural gas pipeline stretching from Venezuela to Argentina are frozen because of a lack of political will among the continent's leaders, President Hugo Chavez said Friday.

Chavez has championed the pipeline proposal as a means of satisfying the continent's energy requirements for decades to come.

The project proposes to carry gas from Venezuela's offshore reserves through Brazil to Argentina, with branches extending to Bolivia, Paraguay and Uruguay — a 5,600-mile stretch that would be one of the longest gas pipelines ever built.

But the project has met with skepticism from energy experts who say it hinges upon political goodwill because it faces economic, environmental and technological challenges.

Via: Chron

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