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How many "barrels" need to be sold to save Yasuní National Park? |
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Thursday, 10 May 2007 |
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320
million barrels, the equivalent of 1.6 billion dollars.
The
president’s proposal is for the country to be compensated with half
of the forecasted revenues it will lose by not developing the oil
fields, which translates to 350 million dollars a year. However, the
government would only receive this money as of the sixth year and for
a period of ten years, since revenues would drop sharply after that
point. If a capital fund is established and the money is recovered
immediately, only 1.6 billion dollars would be needed.
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