Traces of oil found in Uruguay

Posted on April 9, 2011 • Filed under: Business, Oil, Uruguay

Executives at state-owned Efe Thursday ANCAP Told That Had the company discovered the first traces of oil in Uruguay, a country That depends on imported crude for 60 Percent of ITS energy. “For the first time in Uruguay’s history, free oil has-been found in small Proportions, emanating from the bedrock,” Juan Gomez, member of ANCAP’s board of directors, Said in an interview. Read Article

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