U.S. Gov't Agency Plans $2.84 Billion Loan for Oil Refinery—In Colombia http://www.cnsnews.com/news/article/feds-plan-284-billion-loan-oil-refinery

The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan for a massive project to expand and upgrade an oil refinery--in Cartagena, Colombia.The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company.

[First fo all this as you will see below, is why resistance is against such moves,stating tehse resourecs are taken out along with profits,and it is absolutly true,Colombia is oil rich,however foreign companies export it for cheap out then reduces colombia to a oil impoting nationwich is absolutly absurd,its as absurd as when clinton imposed the rice export policy in haiti,destroying their self sustaining agricultural needs...see this (recent) Colombia resumes imports of Venezuela fuel http://colombiareports.com/colombia-news/economy/15339-colombia-resumes-imports-of-venezuela-fuel.html   (there is no need to import,none,yet it is done because state of colombia is nothing buta colonial outpost for foreign multinational interests!)

my readers know my opposition to the project,and the history of OCCIDENTAL AND DRUMMOND OIL CORPORATION IN COLOMBIA ALL TOO WELL,WICH I AHVE DOCUMENTED AND EXPOSED FOR A LONG TIME...BUT FOR NEWCOMMERS TO MY BLOG LETS GIVE A RUN DOWN>State Dept., ex-Uribe aide pressed in Drummond lawsuit http://colombiareports.com/colombia-news/news/15654-state-dept-ex-uribe-aide-pressed-in-drummond-lawsuit.html   

The main complaint of both guerrilla groups is that the government caters to foreign oil companies, which are draining the country of its natural resources http://www.thirdworldtraveler.com/South_America/War_Colombia_Oil_Fields.html Colombia's Oil War The U'wa battle Occidental over "the blood of Mother Earth http://www.thirdworldtraveler.com/Oil_watch/Colombias_Oil_War.html  Drummond Corporation and Colombia's Death Squads http://www.fightbacknews.org/2007/06/drummond.htm Colombia tribunal examines role of oil companies  http://www.colombiasolidarity.org/en/node/147 (also see my Colombia section - http://thenakedfacts.blogspot.com/search/label/colombia