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Recurring dream: US$6.6 billion ALBA oil project inches ahead in Nicaragua

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/21342

Recurring dream: US$6.6 billion ALBA oil project inches ahead in Nicaragua

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Title: Recurring dream: US$6.6 billion ALBA oil project inches ahead in Nicaragua
Author: Witte-Lebhar, Benjamin
Subject(s): Latin America
Central America
Nicaragua
Venezuela
energy
oil
ALBA
Daniel Ortega
Supremo Sueño de Bolívar
pipeline
Simón Bolívar
Hugo Chávez
bilateral collaboration
China Camc Engineering
China
Frente Sandinista de Liberación Nacional
Petróleos de Nicaragua
PETRONIC
ALBANISA
PDV Caribe
PDVSA
Miramar refinery
Gran Canal por Nicaragua
environmental consequences
Abstract: Just months after pledging to build a long‐dreamed‐about "Nicaragua Canal," the government of President Daniel Ortega is now turning its attention to another expensive megaproject: a Venezuelan‐backed oil pipeline and refinery scheme called the Supremo Sueño de Bolívar (Bolívar’s Supreme Dream). This article discusses the plans to fund and subsequently build the project, breaking it down in three steps. Not only has skepticism arisen given Chavez's track record of unfulfilled but promised infrastructure projects, but environmental concerns have also been voiced over the planned location of the refinery.
Date: 2012-10-18
Publisher: NotiCen - Latin America Data Base
Citation: Witte-Lebhar, B. (2012, October 18). Recurring dream: US$6.6 billion ALBA oil project inches ahead in Nicaragua. NotiCen 16(38): 1-3.
Description: Article re-posted as a PDF document with permission from the publisher as part of an Institutional Repository collection to aggregate Latin American energy policy, dialogue, white papers, reports, and educational materials.
URI: http://hdl.handle.net/1928/21342
Available at: http://ladb.unm.edu/noticen/2012/10/18‐078786
ISSN: 1089-1560

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