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April 8, 2022
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Guzmán: “Brazil is going to guarantee Argentine energy security"

Guzmán: “Brazil is going to guarantee Argentine energy security"

Guzmán held a meeting with the Minister of Mines and Energy of Brazil, Bento Albuquerque, in São Paulo.

The Minister of Economy, Martín Guzmán, announced this Friday that Brazil will guarantee Argentine energy security by making available 2 gigawatts of electricity for the period between the months of May and September.

“Brazil is going to guarantee Argentina’s energy security by making electricity available between May and September,” Guzmán told Télam, at the end of his meeting with the Minister of Mines and Energy of Brazil, Bento Albuquerque, in São Paulo.

Guzmán met with Albuquerque and the technical teams from both ministries at the headquarters of the Federation of Industries of the State of São Paulo (Fiesp), where he won the commitment of the Government of Brazil to make electricity available for the Argentine energy system.

The measure, according to Guzmán at the end of the meeting, “It has an immediate effect on the certainty of our economy”.

The understanding was reached within the framework of a meeting held on the fourteenth floor of the Brazilian industrial headquarters, in the heart of São Paulo, and is part of the strategy of the Argentine government to ensure energy supply by 2022, after the gas agreement announced Thursday with Bolivia.

“Together with the Bolivia agreement, it gives us a horizon of much greater certainty in the energy field to give predictability to demand,” Guzmán told Télam.

The minister, after stressing that the agreement with Brazil will have an “immediate effect” on the Argentine system,” said that “We are designing a roadmap to work on energy integration, seeking to generate regulatory framework conditions and development to raise the production scale that can lower the cost of production and have an impact on the industry”.

Before the meeting with Alburquerque, the minister was the main speaker at a meeting attended by 200 local businessmen, which took place in the Fiesp auditorium.

There, the official explained the fundamentals of Argentine macroeconomics and the business and investment opportunities in the country by businessmen from its main trading partner.

The ambassador to Brazil, Daniel Scioli, highlighted Guzmán’s visit as one more step in integration and above all because the meeting had been requested by the head of Fiesp, Josué Gomes da Silva, who owns textile investments in Santiago del Estero and He is a great connoisseur of the Argentine industrial fabric.

For Guzman, The Argentine economy has opportunities in relation to strengthening the relationship with the Brazilian private sector.

“We must work with Brazil on the basis of a state policy that must be strengthened regardless of who governs each of our countries, we bet on the work of Ambassador Scioli and the lines set by our president to be able to advance in greater economic integration and greater investment. and development,” said Guzmán.



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