Protesters in Ecuador Press for More Revenue
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Ecuadorean protest leaders pressed for a greater percentage of oil revenue to remain in the country and for Occidental Petroleum Corp. to lose its contract during a second day of talks aimed at resolving last week’s crippling demonstrations.
“We are demanding vindication for so much maltreatment, humiliation, exclusion, poverty and misery that we live with in comparison to the riches that the oil companies take away,” said Guillermo Munoz, governor of Sucumbios, one of two jungle provinces placed under a state of emergency last week.
Violent protests in the zone, where most of Ecuador’s oil is located, led to a suspension of state exports Thursday after state-run company Petroecuador notified customers that it could not guarantee overseas deliveries.
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