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Nicaragua Muses on Energy Crisis
Nicaraguan deputies interrupted
their summer vacations to
deliberate over the worrying
energy crisis affecting most of
the provinces.
Wednesday the leadership of the
National Assembly will propose
an emergency meeting among
representatives of all
institutions, bodies or
companies related to the energy
sector to seek a solution for
the serious shortage in the
nation.
Previously, the Sandinista
National Liberation Front
demanded that President Enrique
Bolaños speed up purchase of oil
from Venezuela, whose companies
agreed to export hydrocarbons at
preferential prices to aid the
Nicaraguan people.
However, the liberal Executive
is trying to face the crisis by
giving $9.6 million to Union
Fenosa, the country s main
energy company, which is in debt
and the leading cause of cuts in
the Central American state.
Tuesday, people from populous
neighborhoods in Managua staged
street protests in desperation
over the continued cuts in the
water supply.
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