Ecuador makes Petrobras compensation deal

Ecuador agreed to pay Petrobras $217 million as compensation for seizing assets from the Brazilian state-run oil company in 2010, at least 30% more than a previous proposal.

Ecuador: The nation took control of the Petrobras-owned oil assets in 2010.
Ecuador: The nation took control of the Petrobras-owned oil assets in 2010.
Published 1 May 2012, 04:06Updated 10 October 2016, 15:04
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