|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Uruguay

Government Must Craft Long-Term Oil and Gas Policy, Uruguayan President Says

MONTEVIDEO – Uruguay’s government must develop a long-term policy for managing oil and gas discoveries, President Tabare Vazquez said.

Vazquez plans to meet on Tuesday with four former presidents to discuss potential oil finds in the South American country.

In March, France’s Total, U.S.-based ExxonMobil and Norway’s Statoil will start drilling in Uruguay’s continental shelf, located some 400 kilometers (249 miles) off Montevideo.

The project will drill what will be the world’s deepest offshore well at a cost of $200 million.

“If gas and oil are found, handling the situation will be a task not just for the current administration but also for future governments and, therefore, a policy should be implemented that goes beyond one administration and one political party,” Vazquez told reporters during an appearance in the northern city of Artigas on Sunday.

“Consulting with those who have been presidents” during the current democratic process in Uruguay and “who have known from the inside what it is to handle very important responsibilities, was the best first step” toward an inclusive strategy, the president said.

The meeting at the Suarez y Reyes presidential residence in Montevideo will be attended by former Presidents Julio Maria Sanguinetti, who governed from 1985-1990 and 1995-2000; Luis Alberto Lacalle, who was in office from 1990-1995; Jorge Batlle, who served from 2000-2005; and Jose Mujica, who governed from 2010-2015.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved