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Stories for April 2006

• Tuesday, April 18th 2006 - 21:00 UTC

  China will help boost Brazil's gas distribution

  Brazil's government owned company Petrobras and China's oil company Sinopec Group announced a 239 million US dollars contract to build a pipeline to increase natural gas supplies in the northeast of Brazil and reduce Brazilian dependence on gas from Bolivia

• Tuesday, April 18th 2006 - 21:00 UTC

  Simple majority for Humala in next Peruvian Congress

  The leading Peruvian presidential candidate Ollanta Humala who garnered 30% of the vote in the first round will also have the largest number of seats in the next Congress, 43 out of 120, according to the latest figures from the Electoral Office.

• Tuesday, April 18th 2006 - 21:00 UTC

  Bachelet confirms natural gas deposit in Tierra del Fuego

  Chilean president Michelle Bachelet confirmed Tuesday in Santiago the existence of natural gas in Lake Mercedes, Tierra del Fuego. A vital resource for energy short Chile and the huge methanol complex in Punta Arenas.

• Tuesday, April 18th 2006 - 21:00 UTC

  “Dramatic” situation for Chilean salmon and fruit exporters

  The US dollar dropped to its lowest so far this year in the Chilean money market reaching 509 pesos from Monday's 511 pesos.

• Tuesday, April 18th 2006 - 21:00 UTC

  Opec's April market report

  Initial data for 2006 shows the world economy continues to experience strong growth, despite disappointing GDP growth in the final quarter of last year, according to the OPEC Monthly Oil Market Report.

• Tuesday, April 18th 2006 - 21:00 UTC

  “Oil prices too steep and not justified”, says Opec

  The Organization of Petroleum Exporting Countries, Opec believes oil prices are too steep, after setting a fresh record high above 70 US dollars a barrel and the rise is not justified by market fundamentals, a senior Opec delegate said on Tuesday.

• Tuesday, April 18th 2006 - 21:00 UTC

  IMF closes office in Argentina

  The International Monetary Fund permanent representative in Argentina, Andrew Wolfe abandoned last weekend Buenos Aires signaling the definitive closure of the local office following a request from the Argentine government.

• Tuesday, April 18th 2006 - 21:00 UTC

  Work in pulp mills resumes with dispute unchanged

  Paper pulp mill workers in Uruguay returned Monday to work after a 10-day break over the Easter holiday.

• Tuesday, April 18th 2006 - 21:00 UTC

  Chavez promises of accessible gas to smaller neighbours

  Venezuelan President Hugo Chavez will be the key speaker Wednesday in Asuncion, Paraguay when introducing a plan to lay a large transcontinental gas pipeline to the benefit of Paraguay, Bolivia and Uruguay.

• Monday, April 17th 2006 - 21:00 UTC

  Chile to tighten ties with Bolivia and Peru

  Chile is prepared to restore diplomatic relations with Bolivia and sign a free trade accord with Peru regardless of who wins that country's presidential election, the foreign minister said in comments published yesterday.