This simply goes to show how Chavez is simply full of gas:
President Hugo Chavez says the pipeline is a central part of his
efforts to reduce dependence on the United States and its pressure for
free market policies known as the Washington Consensus.
It’s “the beginning of the South American consensus,” Chavez has said. “This pipeline is vital for us.”
Roberto Smeraldi of the Friends of the Earth-Brazil said the short timetable seemed unworkable.
government like Brazil’s can’t do similar studies for projects covering
(310 miles) after 10 years of discussion, and now they are going to
manage in-depth studies for a (5,000-mile) project in six months?” he
Venezuelan leader estimated the pipeline would cost $20 billion to $25
billion, but Smeraldi said strict adherence to Brazil’s tough
environmental laws would double the cost.
also questioned the economic wisdom of the plan, especially after
Brazil’s government-run oil company announced it would invest $18
billion to develop the country’s natural gas fields.
Brazil and Argentina have gas fields large enough to cover their own
domestic demands. I don’t see why they would like to undertake this
hugely costly project, with money they don’t have, not to mention
environment costs,” said Norman Gall, executive director of the Fernand
Braudel Institute of World Economy.”