press release

The United States Embassy in Managua Rejects actions against Esso Standard Oil Company

August 20, 2007

In reference to actions taken by Nicaraguan government authorities in the city of Corinto, between August 17-19, 2007, against the facilities of the Esso Standard Oil, S.A. Ltd. company (a subsidiary of Exxon Mobil):

This action by Nicaraguan authorities has the potential to seriously damage economic relations between the United States and Nicaragua.  It also has the potential of damaging Nicaragua’s foreign investment climate.

The United States Government urges that this dispute be resolved quickly and transparently through negotiations between the Nicaraguan government and the Esso Standard Oil company.

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U.S. Embassy in Managua, Nicaragua website: http://nicaragua.usembassy.gov/