In the Headlines
January 16, 2015

Postponement of Round One Contracts a Possibility

Diario Cambio; Vanguardia

Falling oil prices and other factors threaten investments in the Round One project. Attorney Jose Antonio Prado said the treasury may have to rethink its strategy to be more aggressive and not risk losing any investments. The required royalties as they stand are between 5 and 10 percent higher than projects of this kind around the world, according to some studies.

READ: Postponement of Round One Contracts a Possibility (en español)

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