Suriname and Guyana are considering a Venezuelan proposal to build a natural gas pipeline through their countries, officials said Thursday. Suriname's natural resources minister, Gregory Rusland, said Venezuelan President Hugo Chavez's government would finance construction of the US$1.1 billion pipeline. «It sounds promising because it would bring financial gain for us,» Rusland told The Associated Press by phone. «But we must be careful because these kinds of deals have long-term implications. Rusland and Guyana Prime Minister Samuel Hinds plan to discuss the proposal during a two-day energy meeting in Venezuela starting Saturday. Guyanese Cabinet Secretary Roger Luncheon said the idea was floated earlier this month by Venezuela's ambassador to his country.
Luncheon said Venezuela wants to build the pipeline to ensure countries in the new Union of South American Nations, known as Unasur, receive a reliable and cheap supply of gas. He did not disclose further details.
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