Brazil, Bolivia Reach Natural Gas Deal

President Luiz Inacio Lula da Silva and Bolivian President Evo Morales reached a deal late Wednesday on how much Brazil will pay for Bolivian natural gas, apparently resolving an issue that has deeply divided the neighboring nations for a year.

Earlier Wednesday, Bolivian and Brazilian officials said Brazil will pay nearly 300 percent more for the Bolivian gas it uses to produce electricity in the central state of Mato Grosso. That amounts to less than 10 percent of the natural gas Brazil receives from Bolivia for power generation, fuel for cars and cooking gas.
The Guardian