EL SALVADOR: Venezuelan pact provides low-cost oil
On March 5, the Farabundo Marti National Liberation Front and Venezuelan President Hugo Chavez's government announced a new joint venture to help reduce transport costs in FMLN-governed municipalities. Part of the alternative Latin American integration plan PetroCaribe, the deal will provide cheap oil to poor municipalities facing transport crises.
From Â鶹´«Ã½ Weekly, March 29, 2006.
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