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Chevron Ecuador Lawsuit News

Reuters – INTERVIEW-Ecuador could nationalize oil operations

Published

September 11, 2009

“INTERVIEW-Ecuador could nationalize oil operations”
Reuters, September 10, 2009
“Ecuador could nationalize private oil operations in the country if the companies are found to have irregularities in their contracts with the state, Strategic Sectors Minister Galo Borja told Reuters on Thursday. The socialist government is seeking to renegotiate contracts with companies in order to take more control of the South American country’s natural resources.”
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