Argentina signs energy pact with Brazil and seeks resources for gas pipeline



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O presidente argentino, Alberto Fernández, e o predisente eleito do Brasil, Luiz Inácio Lula da Silva, em encontro em São Paulo, após o segundo turno das eleições brasileiras

The Argentine president, Alberto Fernández, and the elected president of Brazil, Luiz Inácio Lula da Silva, meet in São Paulo, after the second round of the Brazilian elections| Photo: EFE/ Fernando Bizerra

Brazil and Argentina signed a memorandum of understanding on electricity and gas shipments by 2025 and are negotiating the possibility of the Brazilian government financing part of the construction of an essential gas pipeline for the colossal formation of unconventional hydrocarbons of Vaca Muerta, in the Argentine southwest. “Energy integration is becoming a reality,” said Argentine President Alberto Fernández after signing the agreement on Thursday (25).

The memorandum regulates the supply of electricity and gas between the two countries until 2022, but will automatically renew every four years. Argentina exported electricity to Brazil for around US$1 billion in

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