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Petrominerales Acquires 25% Stake in Peru Block

Oct 26, 2010

Oil company Petrominerales has acquired an additional 25% stake in Block 126 in east...

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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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