Red Indians, leftists slam Argentina’s Chevron deal
BY Agencies19 July 2013 11:54 PM GMT
Agencies19 July 2013 11:54 PM GMT
The Argentine government’s long-sought deal with Chevron Corp. To exploit shale oil reserves in Patagonia was strongly criticised by Mapuche Indians, human rights activists, environmentalists and leftists who called it a sellout to the US that could drain and pollute the nation’s resources.
The USD 1.5 billion joint venture with Chevron was made public in a brief announcement by the state-owned YPF oil company Tuesday night.
Cristina Fernandez said the deal will promote energy independence for Argentina, but many of her one-time allies warned that it would do the opposite.
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