[1][2] On 9 December 2005, during an annual meeting of Mercosur in Montevideo, the presidents of Venezuela, Argentina, and Brazil signed an accord for the construction of the pipeline.

[3] In June 2007 Petrobras president Jose Sergio Gabrielli said that the pipeline would not become operational for 20 to 30 years.

[3] The second 1,977 kilometres (1,228 mi) long section from Marabá was to continue southward to São Paulo State.

The Marabá-São Paulo section was to be 54 inches (1,370 mm) in diameter and to include eight 20,000 hp compression stations.

[3] The project was to be financed by Petróleos de Venezuela S.A., CAF – Development Bank of Latin America and the Caribbean, and Caixa Econômica Federal with possible participation of other public institutions and private investors.