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Pacific Rubiales Boosts Colombia Capex

Nov 3, 2009

Canada-based oil and gas company Pacific Rubiales, which operates in Colombia, has increased its 2010 capex budget by $394m to $853m after successfully ramping up production at...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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