Just months after pledging to build a longdreamedabout "Nicaragua Canal," the government of President Daniel Ortega is now turning its attention to another expensive megaproject: a Venezuelanbacked oil pipeline and refinery scheme called the Supremo Sueño de Bolívar (Bolívar's Supreme Dream). This article discusses the plans to fund and subsequently build the project, breaking it down in three steps. Not only has skepticism arisen given Chavez's track record of unfulfilled but promised infrastructure projects, but environmental concerns have also been voiced over the planned location of the refinery.
Article re-posted as a PDF document with permission from the publisher as part of an Institutional Repository collection to aggregate Latin American energy policy, dialogue, white papers, reports, and educational materials.
NotiCen - Latin America Data Base
Witte-Lebhar, Benjamin. "Recurring dream: US$6.6 billion ALBA oil project inches ahead in Nicaragua." (2012). http://digitalrepository.unm.edu/la_energy_notien/82