Manufacturing Industry
Ecuador's diesel-powered electric generators forced to pay for diesel
Diesel Fuel News, July 21, 2003
According to a report from BusinessNews Americas, diesel-electric generators have stiffed the state oil company (Petroecuador) for $100 million in unpaid diesel bills. Under a contingent loan agreement with International Monetary Fund (IMF), the electricity producers will join a trust fund that forces them to pay their diesel bills on time.
COPYRIGHT 2003 Hart Energy Publishing, LP.
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