{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='President Lula and Petrobras chief comment on nationalisation' data-url='/boclips/videos/5c54be46d8eafeecae13a66c' data-video-url='/boclips/videos/5c54be46d8eafeecae13a66c' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nPresident Lula and Petrobras chief comment on nationalisation\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eAP Television News Rio de Janeiro, Brazil - May 3, 20061. Tilt-down exterior Petrobras headquarters 2. Wide shot of newspaper stand3. Man looking at newspaper headlines 4. Close-up of headline - \"Lula recognises Bolivia''s right to...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eAP Television News \u003cbr/\u003eRio de Janeiro, Brazil - May 3, 2006\u003cbr/\u003e1. Tilt-down exterior Petrobras headquarters \u003cbr/\u003e2. Wide shot of newspaper stand\u003cbr/\u003e3. Man looking at newspaper headlines \u003cbr/\u003e4. Close-up of headline - \"Lula recognises Bolivia''s right to nationalise the gas\"\u003cbr/\u003e5. Close-up of headline -\"Lula avoids conflict and tries to negotiate with Bolivia\"\u003cbr/\u003eRadiobras\u003cbr/\u003eBrasilia, Brazil - May 3, 2006 \u003cbr/\u003e6. SOUNDBITE (Portuguese): Luiz Inacio Lula da Silva, Brazilian President:\u003cbr/\u003e\"We''ve been hearing from the Brazilian press about the Brazil-Bolivia crisis. There is no crisis and there will not be any crisis. What we are seeing is a necessary adjustment made by a suffering people that want to have more control over the only richness that they posses.\"\u003cbr/\u003e7. Pan of audience applauding\u003cbr/\u003e8. SOUNDBITE (Portuguese): Luiz Inacio Lula da Silva, Brazilian President:  \u003cbr/\u003e\"Our differences will be resolved around a table, talking. The fact that the Bolivians have rights does not mean that they can deny the rights of Brazil. What we cannot accept is that one country should impose its sovereignty over another one. They (Bolivia) have to take into consideration that democracy is a fair balance between two parts.\"\u003cbr/\u003eAP Television News \u003cbr/\u003eRio de Janeiro, Brazil - May 3, 2006\u003cbr/\u003e9. Wide exterior of Petrobras headquarters\u003cbr/\u003e10. Various of news conference with Petrobras president, Sergio Gabrielli\u003cbr/\u003e11. SOUNDBITE (Portuguese): Sergio Gabrielli, Petrobras president:\u003cbr/\u003e\"Bolivia is offering to guarantee the delivery of 30 million cubic metres (yards) of gas per day till the year 2019 but wants to negotiate the prices. We haven''t been formally informed of their intention. If we were informed we would reject it.\"  \u003cbr/\u003ePetrobras\u003cbr/\u003eFILE: San Alberto, Bolivia - Date unknown\u003cbr/\u003e12. Various of Petrobras gas plant \u003cbr/\u003eBolivia''s decision to nationalise its natural gas industry drew challenges from Brazil on Wednesday as top officials pledged to defend current gas contracts and suspend investment in the Bolivian industry.\u003cbr/\u003eBrazilian President Luiz Inacio Lula da Silva said on Wednesday that while his government respects Bolivian President Evo Morales'' right to nationalise production, he will defend contracts giving Brazil rights to Bolivian gas.\u003cbr/\u003e\"What we can not accept is that one country should impose its sovereignty over another one,\" Silva said.\u003cbr/\u003eSilva''s comments were his first public remarks on the matter since Morales decreed the nationalisation on Monday.\u003cbr/\u003eSergio Gabrielli, the president of Petrobras, Brazil''s government-owned oil company, said on Wednesday that Petrobras has suspended all investments in Bolivia.\u003cbr/\u003eIn a news conference in Rio de Janeiro, Gabrielli also said Petrobras would reject any price increase resulting from the nationalisation.\u003cbr/\u003ePetrobras is one of Bolivia''s biggest gas producers and one of the largest foreign investors in that country.\u003cbr/\u003eMorales'' nationalisation decree gives foreign energy companies such as Petrobras 180 days to re-negotiate and sign new contracts giving control of the industry to the Bolivian state.\u003cbr/\u003eUnder a contract signed in the 1990s, Brazil buys up to 30 million cubic metres (yards) per day of natural gas from the Andean nation and Petrobras has invested some $1.6 billion US dollars in Bolivia in both gas and oil development.\u003cbr/\u003eSilva and Morales will meet with Argentine President Nestor Kirchner and Venezuelan President Hugo Chavez in Argentina Thursday for discussions on the gas issue.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more 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