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The Ecuador Lawsuit.

Reuters – Ecuador proposes up to $168-mln for Petrobras ops

Date: Jul 15, 2011

Ecuador negotiating with a Brazilian oil company it took control of in 2010:

Ecuador took control of the local operations of Brazil’s Petrobras last year after the company refused to sign a new
service contract that was part of Quito’s push to increase state revenue from its oil sector.

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