THE OVERSEAS PRIVATE INVESTMENT CORPORATION.THE OVERSEAS PRIVATE INVESTMENT CORPORATION approved $200 million in financing for the controversial natural gas pipeline project being built between Bolivia Bolivia (bōlĭv`ēə, Span. bōlē`vyä), officially Republic of Bolivia, republic (2005 est. pop. 8,858,000), 424,162 sq mi (1,098,581 sq km), W South America. and Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. by Enron Enron A U.S. energy-trading and utilities company that housed one of the biggest accounting frauds in history. Enron's executives employed accounting practices that falsely inflated the company's revenues, which, at the height of the scandal, made the firm become the seventh Corp. and Royal Dutch/Shell. The $570 million project has met with stiff opposition from environmental groups. The pipeline will deliver natural gas from Bolivia to a power plant under construction in Cuiaba, Brazil. |
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