Another country in the world has found oil at

In Paraguay, after many unsuccessful attempts to locate hydrocarbon deposits were discovered oil fields. Geologists found oil is of good quality and is contained in the "sufficient", said President Federico Franco. He expects that in 2013 Paraguay will take its place among oil-producing countries. (What a mess -Oil and there is no democracy. Pendosov already go to you.)

President of Paraguay Federico Franco said that the country was first discovered oil field, and in the first half of next year, Paraguay will take place among oil-producing countries, told the Argentine media.

At a meeting with foreign investors on Monday, Franco said that the field found in the estuary of pyrite, Department Boqueron (500 kilometers northwest of the capital, Asuncion, near the border with Argentina).

"Paraguay is likely in April, May or June of the coming year will be included in the list of oil-producing countries" - quoted the president of the Argentine media.
The discovery of oil, he said, "good quality" and "sufficient amount", as "according to the data of companies that produced oil exploration." Early next week, the president said, he personally went to the area where oil was discovered

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