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Mon21Aug2006

Bolivia: Guaraní seize pipelines

13:11 H | Topics: Activism - Bolivia - Politics

8829.jpgThe Dow Jones -- in a strangely translated and not very PC press release -- announced today that a group of Guaranís have seized a gas pipeline in Santa Cruz, Bolivia, which provides gas to nearby Brazil:

Between about 20 to 30 Indians were still occupying the site Monday, while up to 150 people were staging protests outside the premises, the official told Dow Jones Newswires, speaking over the telephone from Santa Cruz, Bolivia.

The occupied control station is located in Parapet in Santa Cruz state and serves to compress gas to transport it to Brazil. Brazil currently imports about 25 million cubic meters of gas a day from Bolivia.
Indian leaders have threatened to close valves in the control station to stop the gas exports, but so far the gas flow is uninterrupted, the Petrobras official said.

The protesters are demanding 9 million dollars they say were promised them by Brazilian oil companies in 2005.

Via / Easy Bourse

Image via bolivia.indymedia.org

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Feedback (1) » Share your opinion

1. Maegan la Mala ~ Monday, Aug 21 2006 | 19:07H:

Having worked in a big investment bank on wall street for a few years (my dirty little secret). I will tell you that major wall street players often work with the U.S. government to make things happen in latin america- so you bet your culo that Dow Jones and Co. is watching this.

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