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Law To Share Oil Revenues In Guatemala Ecologically Unsound And Constitutionally Flawed; Critics Include President Alvaro Colom

LADB Article ID: 050919
Category/Department: Guatemala
Date: Thursday, February 12, 2009
By: LADB Staff

Guatemala's Congress overrode a presidential snub to pass a law creating the Fondo Nacional de Petroleo (Fonpetrol). On its face, the fund purports to divide up royalties from oil-drilling operations in the country so that communities where the ...

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