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Politics stall proposals

Latin American governments have announced a number of pipeline mega-projects in recent months, but the region's politics continue to be the biggest obstacle to project development, reports Robert Olson

THE LAST 12 months have seen a number of ambitious pipeline initiatives announced by South American governments, designed to tackle the deteriorating energy-supply situation in the Southern Cone. Energy-poor Chile has taken the most active role in promoting cross-border pipelines, as it attempts to reduce dependence on unreliable Argentine gas supplies. But both Brazil and Argentina are also pursuing options to improve pipeline links with gas-rich countries in the region – even those as far away as Venezuela. Talk of a gigantic South American gas ring is gaining currency with the leaders of these countries. But as is often the case in Latin America, the growth of the rhetoric has been mete

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