Russia will join the gas pipeline to Argentina and Bolivia.

Russia intends to participate in the construction of a new gas pipeline in Latin America, linking Argentina and Bolivia. This was stated by the President of Russia Dmitry Medvedev, who held talks in Moscow with President of Argentina Cristina Fernandez de Kirchner, said Interfax.
"This is a very interesting project, and we expect that we will agree on the basic positions of its implementation" - said Medvedev. No other details are not Medvedev said.
The president also said that Russia was ready to support and other major energy projects in the region, where Russian companies are ready to participate. In the example cited Medvedev, Rosneft and Rosatom.
It should be noted that Argentina and Bolivia have roughly equal gas reserves, while Argentina consumes fuel is several times more than Bolivia. The volumes of gas production in Argentina is four times higher than that of Bolivia.
Recently, Russian companies are trying to take root throughout Latin America. For example, Gazprom will create the first joint venture with the Bolivian Yacimientos Petroliferos Fiscales Bolivianos (YPFB) for exploration and production of gas in Bolivia. Gazprom also signed an agreement with the Venezuelan goskontsernom Petroleos de Venezuela on the extraction of gas in the Caribbean Sea. These transactions lobby at the intergovernmental level Russian officials.
The trade turnover between Russia and Argentina now stands at 1.3 billion dollars, for example, Argentina with the U.S. - more than 10 billion. The share of Russia in trade of all countries in the region, according to the journal "Russian Newsweek", does not exceed 1 percent.