UPI – Chevron welcomes Petroecaudor’s cleanup

Chevron General Counsel Hewitt Pate said he welcomed the announcement as a sign of the country’s commitment to its 1995 agreement with Texaco.

“Petroecuador’s $70 million remediation budget, which covers an area larger than that of Texaco’s remediation, is within a reasonable cost range under U.N. standards,” he said in a statement.

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