Paraguay Plans $1 Billion Pipeline To Boost Trade With Brazil

NASDAQ April 13, 2011

BUENOS AIRES -(Dow Jones)- Paraguay plans to move forward with a $1 billion pipeline project to bring in petroleum products from Brazil and send back soyoil and ethanol, Paraguay's Industry and Commerce Ministry announced Thursday.

The pipeline network will run from Villa Elisa to Ciudad del Este in Paraguay and then connect to Brazilian pipes which will run from Foz de Iguazu to Paranagua, the ministry said in a press release.

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