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Ecuador Political News

MarketWatch – Ecuador threatens oil companies with eviction

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More on the oil contract negotiations:

President Rafael Correa said on Saturday that oil private companies that don’t sign new services-based contracts must leave the Andean country.

“I’m not playing,” Correa said during his weekly media address. “The rules are proposed. Take it or leave it. If they don’t like it, farewell and we will pay for their investments.”

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