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Ecuador, Venezuela give details on plans for joint oil refinery on Pacific coast
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Calibre Macro World
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May 12, 2008
QUITO, Ecuador-State oil companies from Venezuela and Ecuador on Monday disclosed formal plans to build and operate a refinery on Ecuador's Pacific coast. The joint venture, known as Pacific Refinery-CEM, will be formed this month, with Ecuador owning a 51 percent stake and Venezuela owning 49 perce...
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