SOURCE: Industrial Info Resources

April 12, 2007 06:39 ET

Venezuela Grants $2.5 Billion for Construction of New Refinery in Nicaragua, an Industrial Info News Alert

CORDOBA, ARGENTINA -- (MARKET WIRE) -- April 12, 2007 -- Researched by Industrial Info Resources (Sugar Land, Texas). In March, the governments of Venezuela and Nicaragua agreed on building a new refinery in Leon, Nicaragua, with a 150,000 barrel per day processing capacity. Construction will begin in the next two years and will take approximately four years to complete.

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