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Wednesday, July 25, 2007

Ecuadorean president appoints new petroleum and mines minister

People's Daily Online, July 20, 2007
Ecuador's President Rafael Correa on Thursday named lawyer Galo Chiriboga as new petroleum and mines minister.

"I will take office on Monday," Chiriboga told media.

He replaces Alberto Acosta, who was labor minister during the 2005 to 2006 presidency of Alfredo Palacio and has also been president of the state energy company PetroEcuador.

Chiriboga's job will include renegotiating the contracts between PetroEcuador and foreign oil firms to give the country a greater stake.

Source: Xinhua

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