DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**Doncarlito** · 04-18-2011, 11:26 PM

U.S. Gov't Agency Plans $2.84B Loan for Oil Refinery -- in Colombia...

The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan for a massive project to expand and upgrade an oil refinery--in Cartagena, Colombia.

The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company.

“This is part of a $5.18 billion refinery and upgrade project in Cartagena, Colombia supplying petroleum products to the domestic and export markets,” the Export-Import Bank said in a statement.

U.S. Gov't Agency Plans $2.84 Billion Loan for Oil Refinery?In Colombia | CNSnews.com

04-18-2011, 11:26 PM	#1
Doncarlito Join Date Oct 2005 Posts 538 Senior Member	Gov't approves $2.8B oil industry loan U.S. Gov't Agency Plans $2.84B Loan for Oil Refinery -- in Colombia... The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan for a massive project to expand and upgrade an oil refinery--in Cartagena, Colombia. The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company. “This is part of a $5.18 billion refinery and upgrade project in Cartagena, Colombia supplying petroleum products to the domestic and export markets,” the Export-Import Bank said in a statement. U.S. Gov't Agency Plans $2.84 Billion Loan for Oil Refinery?In Colombia \| CNSnews.com
	Quote