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Brazil, Argentina discuss nuclear, oil cooperation

Posted: 2007/11/21
From: Mathaba

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Brazil's President Luiz Inacio Lula da Silva and Argentina's visiting president-elect Cristina Fernandez de Kirchner discussed cooperation in nuclear power production and oil exploration...


BRASILIA, Nov. 19 (Xinhua) -- Brazil's President Luiz Inacio Lula da Silva and Argentina's visiting president-elect Cristina Fernandez de Kirchner discussed cooperation in nuclear power production and oil exploration on Monday.

"The nuclear power issue was raised, but only as a possibility, in terms of the subject of energy," Brazil's information minister Franklin Martins said.

More important was oil cooperation, said Lula's special advisor Marco Aurelio Garcia said.

"The president focused on the need for cooperation between both countries' national energy companies Enarsa and Petrobras, including deep water oil exploration," Garcia said.

The two leaders also touched on topics of natural gas supplies and the need for coordination with Bolivia, which nationalized its energy sector last year.

They also agreed to put on the agenda the construction of a bilateral hydro-electric plant at Garabi on the Uruguay River in a February meeting when Fernandez will take office next year.

The two sides agreed to create a commission to meet twice a year to garner concrete results from the bilateral relationship, said Fernandez.

Other participants in the talks were Brazil's Energy Minister Nelson Hubner, and Nestor Cervero, the director of international operations of Petrobras. #
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