LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

May 20, 2022

What Is Driving Brazil to Import Russian Diesel?

Brazil is seeking to buy as much diesel from Russia as possible, Foreign Minister Carlos França said on July 12. // File Photo: Itamaraty via Wikimedia Commons.

Q

A

Gonzalo Paz, adjunct professor at Georgetown University’s Center for Latin American Studies: “The recent decision by the Brazilian government to keep importing energy and fertilizers from Russia is better explained by the political urgency generated by the upcoming presidential election. Bolsonaro is trailing Lula in all serious polls. So everything in the current Brazilian government is aligned with the goal of the re-election of the president in October. Nevertheless, foreign policy factors are also at play. Brazil, as a member of the BRICS, has been reluctant to engage in a full fledged repudiation of Russia’s invasion of Ukraine. Bolsonaro’s personal sympathy for Vladimir Putin is also at play. Bolsonaro also had warm relations with former U.S. President Trump, which shows the road ahead keeping and developing warm relations with Putin. We need to remember Bolsonaro’s…”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Freshfields Bruckhaus Deringer

Jimena Blanco
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Atlas Renewable Energy

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James R. Jones
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Jorge Kamine
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Financial Services,
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Craig A. Kelly
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Exxon Mobil

Jeremy Martin
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Energy Program,
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