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Insidecostarica.com - San José, Costa Rica  -   Thursday 22 June 2006

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Latin America
  Nicaragua Mayors Sidestep to Venezuela Oil
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Nicaragua Mayors Sidestep to Venezuela Oil
The Association of Nicaraguan Municipalities (AMUNIC) is arranging fuel purchases from Venezuela after what it described as a lack of federal desire to support the initiative.

AMUNIC president and Mayor of Managua, Sandinista Dionisio Marenco talked of two variants: gas and diesel imports through Costa Rica or Honduras, or by boosting official awareness to access the fuels.

AMUNIC and States Run Petroleos de Venezuela, S.A. (PDVSA) have arranged for an annual fuel supply of 10 million barrels under preferential terms, yet President Enrique Bolaños refuses to back the operation.

Neighboring El Salvador and Honduras have similar agreements, but Bolaños says the deal has political connotations.
 


 




 


 
   

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