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Nicaragua creates new fuel firms after December US sanctions

by Associated Press
| February 11, 2020 6:05 PM

MANAGUA, Nicaragua (AP) — Nicaragua’s Parliament approved the creation Tuesday of four state companies that will handle the importation, storage, distribution and sales of oil and gas, two months after the country’s main energy company was sanctioned by Washington for allegedly laundering money for family members of President Daniel Ortega and then sold to the government days later.

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