And I was wondering about the reason of Argentina’s presidential visit…

Last week I read of the visit of Argentinian President Cristina Fernandez to Bolivia. The reason was a very obvious one and I recalled that last century Argentina did not pay for our gas, in fact they defaulted and unilaterally decided not to pay what they consumed (70s early 80s)… so, what are the implications now? I leave the Los Tiempos report for you to reflect upon…

Argentina asks for another gas price

Appointed Ambassador of Argentina in Bolivia, Ariel Basteiro, confirmed yesterday that President Cristina Fernandez, will visit Cochabamba with the main objective of “discuss over or rethink” with her Bolivian counterpart, Evo Morales the issue of costs and tariffs of natural gas imports, Argentine media reported.

Basteiro told radio Diez of Argentina “the trip of Wednesday’s main objective” to discuss renegotiation of the price of the hydrocarbon.

According to the analyst in hydrocarbons, Bernardo Prado, is likely that an agreement is reached between the two countries, taking into account that Bolivia sells gas to the Argentina with the highest price in history, it borders $11 per British Thermal Unit (BTU) while in the international market reached $3.

He added to this, the neighboring country does need gas because most of its economy depends on this fuel and Bolivia needs markets because it does not have the ability to consume the amount of gas it exports.

The Fernandez “official working visit” to Cochabamba was confirmed by Foreign Minister David Choquehuanca last Wednesday, at that time the authority did not say the agenda of the meeting between the leaders of Argentina and Bolivia, but mentioned in general that it will address topics of hydrocarbons, commercial area and migration.

“There is an official visit on Wednesday, where I will perhaps be part of the convoy for an informal presentation,” Basteiro who admitted that “in August” ends the official process of its diplomatic statement said.

“Is a topic that obviously as Ambassador one may intervene, also the relevant ministries are directly involved, a State policy which I hope will generate best price guarantees and mainly of provision, until in Argentina we can continue the recovery of YPF and thus be self-sufficient”, he added. [obviously he didn’t need to mention that, so we know that when they’re self-sufficient they will cut us loose, regardless of the alleged ‘brethren relationship” and/or political ties such as Mercosur…]

“Depend much of the Bolivian gas and they depend on industrialized products and foods produced in the Argentina”, he added in statements to the RPM program on radio worldwide.


He stressed that the diplomatic representation in Bolivia “today has become a strategic Embassy” for being “a bordering country, by a large colony of Bolivians who are in Argentina and because it has a resource such as gas which is essential for the industrial development of our country”.

Meanwhile, stated that “it has changed the policy that our country has, in terms of external relations” and warned that with the arrival of the former President “Néstor Kirchner in 2003 and later continued by Cristina, that priority is given to the relationship with the countries of Latin America”.

Basteiro said that “we must continue deepening and growing Mercosur generating agreements.”

He pointed out that “Bolivia is a country which adheres to Mercosur, is an indirect partner like Chile.”

Published by Bolivian Thoughts

Senior managerial experience on sustainable development projects.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: