Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.375

-5.0%

3:58 PM EST

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To: Xenogenetic who wrote (21243)	8/7/2000 8:11:56 AM
From: Art Baeckel	Read Replies (1) of 22640

Petrobras to build 2 power plants in Brazil,Bolivia Reuters Company News - August 04, 2000 17:56 Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Jump to first matched term SAO PAULO, Aug 4 (Reuters) - Brazil's state oil giant Petrobras said on Friday it had closed a deal with the Bolivian government to build a 110 megawatts gas-fired electric plant in partnership with Duke Energy Inc. in Bolivia's Puerto Suarez. Another Brazilian company, wide-profile Monteiro Suarez group, will be building this plant. Petrobras also said in a statement that jointly with Duke it would build a same-type plant in Brazil's central-western state of Mato Grosso. The investment in the two plants, that should become operative at the end of next year, is expected to reach $100 million. Each plant should consume about 600,000 cubic meters of natural gas. Brazil mainly imports natural gas from Bolivia.

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