Task 7: "South Americans reach energy deal"

Argentina and Brazil have accepted Bolivia's moves to take state control of its gas industry but want talks on future prices and foreign involvement.

The deal was reached at an energy summit which also included Venezuela.
Earlier this week President Evo Morales took control of Bolivia's natural gas industry and told foreign firms to leave if they did not comply.
Brazil and Argentina rely on cheap gas imports from Bolivia and fear that nationalisation could push prices up.

Staying or going?
"The important thing is that gas supplies for the countries needing them have been guaranteed and that prices will be discussed in the most democratic form possible between all parties involved," Brazilian President Luiz Inacio Lula da Silva said following the meeting.

Correspondents say that while Mr Morales probably faced some stiff arguments from Argentine President Nestor Kirchner and his Brazilian counterpart President Lula, he was likely to have been supported by Venezuela's Hugo Chavez.

Venezuela has South America's largest reserves of oil and gas, and it has pledged to help Bolivia in the nationalisation of its own energy industry.

The Bolivian government has said it will start renegotiating energy contracts with all foreign companies from next week, giving them 180 days reach agreement, or face eviction.

They will be asked to hand over majority control of all Bolivian operations to the country's state oil firm, Yacimientos Petroliferos Fiscales Bolivianos.

State-owned Brazilian energy firm Petrobras, the largest foreign investor in Bolivian energy, had said it would cancel further investments, but President Lula said this decision could be reversed after more negotiations.

Spanish giant Repsol, which has invested more than 1bn euros in Bolivia, said it plans to remain in the country and co-operate with Mr Morales' government.

Article taken from: http://news.bbc.co.uk/2/hi/business/4974710.stm

1. What do you think about the article?
2. Bolivia's government took control of the natural gas industry. Who is worried for that? and Why?
3. Why did all these presidents meet in Argentina?
4. Write some new words found in the article.


DEADLINE: SATURDAY, MAY 13th.

33 comments:

Jerzy Q. said...

1)I understand that want acordar the deal of algo. decidir the prices, etc.
2)by nationalization and for obtener much resources.
3)---------
new words:
Repsol gigante,pledged, stiff, counterpart, deal, summit, prices, needing, foreign, told

maría de los ángeles leiva said...

Good day!
First, I don't undestand much about this theme, but I believe that it's good for Bolivia the nationalisation of gas, I haven't got a clue why.
Second, I believe that the other countries are worried because the prices of gas could up.
Third question I don't know it.
Finally, news words for me:
-earlier -foreing -summit -counterpart -guaranteed, and more.
Good bye, teacher.
María Leiva 3ºD

ignacio soto said...

This theme is very important for
our country because the gas is very used here.i think that
the countries involucred on that
reunion rise up economically.


I believe that the other countries are worried because the prices of gas could up.

the presidents meet in argentina because Nestor kirchner invited
them

and the new words for me are:
foreign

good bye teacher!!

francisco Abarca said...

1)That because Bolivia nationalization its natural resources serious a great danger for the cities that buy these resources to him either gas or others
2)Brazil and Argentina fear that the nationalization, due to this would raise the prices of the gas for both countries
3)I feel it but I do not understand the question +
4)Upload-own-guaranteed -and other but but it is that also use trap because use a translator.....XD..=)

francisco A. said...

and finally I ask whichever children to respond this comentari without nobody says to them

Paúl Ibañez 3ro B said...

1- that Bolivia this looking for forms to have but money and them ocurrio this that them daria a greater economic contribution
2- to brazil and Argentinean so that they are going to raise the taxes to him those countries by the gas
3- so that they needed support to face Bolivia

4- likely investments government.

:)

rodrigo calle 3"A" said...

1.-this is not very good that we say , because the the price of the gas would raise voluntarily of them and he would not be very beneficial for our country , in addition that the natural gas is a resource very quoted.
2.-Argentina and Brazil because they fear that Bolivia can nationalize the natural gas and thus to raise the prices.
3.-the presidents lean of Argentinean for to do front to bolivia.

4.-reached
-summit
-rely
-cheap
-stiff
-counterpart
-pledged
-foreign

Anonymous said...

EMANUEL BRAVO 3rd"A"

1st.- I think that it is very interesting because here we can see that's happening whit the fuel's problem,& too we can know what think the others countries about it.
2nd.-Brazil,Argentina & the others countries that can to be affected because the nationalization could push price up.

3rd.-the presidents of this countries meet in argentina for to know,what will happen with the fuel's problem.

4th.-pledged
-following
-cheap
-rely
-earlier.

EDUARDO GONZALEZ 3 "a" said...

hello teacher

1) First, I think that this article is very interesting and very important for chile.
2) Second, bolivia took the natural gas industry , because this is spanish and brazilian and single Bolivia received the interests, now Bolivia recive all the money of its natural resources.
3)Third, in order to assure the provision natural gas for South America and his
price

4) the new words for my are: summit, foreign , cheap , comply, supplies , pledged

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.creo that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier

edison mella 3a said...

1.i think that this I articulate is very interesting and important due to them relations that there are between Chile and Bolivia
2.Bolivia volume the industry of the gas and with estopuede to raise its price, Venezuela prometio to help to Bolivia with the nationalization of the industry, now Bolivia recibira much money by the natural resources
3.in order to assure the price and provicion the natural gas in South America
4.las words that I could not understand were not: the summit, foreigner,sale,are satisfied,the sources,engaged,following
cheap,rely,earlier
professor excuses but this comutador is chanta and this bad one and I often publish my commentary

Carla Tapia 3ºB said...

1. What I think of I articulate is that she gives to very interesting information since this this affecting the country in general.
2-.los that worry we are we because Bolivia supplies from gas to many countries and one of those is Chile.
3-.se satisfacieron in Argentina because in Argentina the gas is but cheap.
4-.The news word:
foreign
needing
agreement
investor
Repsol.

ninoska acuña 3ºb said...

1. it is real topic that we live today and that this happening whith our neighbors.it generates polemic and it debates the topic ,but I won´t say because not you a lot about this (it suits or no )
2. this worried the foreigner for a possible rise of valve of the natural gas.
3, because the president of argentinean togrther with brazil wants that bolivia to take state control of her industry of gas but they take care that they don´t go up the price of the gas.
4,supplies....guaranteed...counter-pant.....satate-owned....1bn....

franchesca dinamarca said...

hello teacher....XD

1·I believe that this articulate is too much politician and personally I do not like the policy, because they are all a liers who do not know nothing else that to rob the country.

2·I think that that the are a lot of countries of South America are worried about it moral desire that evo has to improve the situation of its country,nationalizing the gas of Bolivia , but the most worried people is seems by we, chile by the rise that can exist in the prices of the gas.and it is necessary to remember that Argentine dont`n won`t to sell gas to Chile so that supposedly their reserves were being exhausted, so then I suppose that we should by worried.

3·since its idea is to assure to South America to have gas and with reasonable prices. and to fix the existing problems by this subject.

4· stiff, uaranteed,supplies,foreign ..

Ivannia Rivera 3ºA said...

1.I believe aboutthe topic, that is of much importance for diplomatics relations with others countrys
2.Brazil and argentinean worry, because when having Bolivia the control of the natural gas, they will be able to give high prices him and to destabilize them economically
3.because they need the aid argentinean to be able to face Bolivia
4.and... the new words
reached
summit
agreement


=)

Excuse me by the delay

shirley said...

1-this article is important since us it informs about the topic of the gas that it(he,she) concerns to chile and other countries for which we are not indifferent
2 - in the matter of the gas this one worried specially chile and the foreigner since the possible raise of the gas valve affects us due to not taking own(proper) gas as which provokes desconcertacion in all
3-these presidents are in Argentine because it is a country provedor of gas and this way probably podrian to solve the problem that affects all.
4- would, agreement, between,following, foreing

franco stuardo said...

hello teacher:

1.- I believe that this good the president of Bolivia to privatize hydrocarbons of its country but the problem is that it can raise the prices to him as is going to be owner of its resources.
2.- I think that the countries but worried are going to be brazil and Argentine for the reason that these countries can take advantage of the nationalization gas being united with Bolivia.
3.- creo que la principal motivo es que al privatizar el gas, trataran que bolivia tenga los precios bajos en todo sudamerica.
4.- the words are :
State-owned
summit
government

melissa said...

hi
I think that this good with respect to Bolivia is a new stage to open doors and to lean between paises and with respect to the gas not ucho of that

summit,between, stiif

Camila Gomez .3ºG. said...

hi professor

1.- good I don't understand anything of politics, but for what I read they speak of the gas and of what is happening to the countries regarding it.

2.- the broken-hearted ones seem to be many countries, including us us because we are afraid that they abuse of the prices.

3.- to be able to speak, to discuss on the topic and to reach an agreement on the gas.

4.- supplies, summit,foreign.

a said...

a

Anonymous said...

Carla Sánchez, 3ºE.


1. First of all, I don’t agree with policy and this article has to do with this, so… but, anyway, it’s important ‘cause I thing that it will help in case that somebody ask my opinion.
2. The Bolivia’s President is worried about that, altogether with his government, because he has the most of the control in the country.
4. Summit
Rely
Counterpart
Eviction
Investor

Francisco Flores A. 3°A said...

1)i think that the article is very important ,anyway chile haven't natural gas like that that is the problem
of all chileans.
2)Bolivia took to the company of hydrocarbons to Spain and brazil to be able to have the money by selling the hydrocarbons
3)because they(bolivia)selling argentina more cheap the hydrocarbons, but ,why to Chile not?
4)summit,counterpart,eviction

marco iglesias 3b said...

1. seems good around to me so that therefore enteriorizamos us of the changes to ours. 2. although thus paresca todabia not 3. by cosass enterprise ones. 4. I do not have words

Andres Opazo said...

1-I think that the text is very important for us because we use much the gas.
2-Bolivia took to the company of hydrocarbons to Spain and brazil to be able to have money by selling the hydrocarbons
3-Because they selling Argentina more cheap the hydrocarbons.
4 -foreign,invested,pledged.

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