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 LA PAZ, Bolivia (AP) - President Evo Morales vowed to move forward with his campaign to nationalize Bolivia's oil and gas industry while presiding Saturday over ceremonies marking the transfer of two Brazilian-owned oil refineries to state hands.
Bolivia this week agreed to buy back formerly state-owned refineries from Brazilian state energy company Petroleo Brasileiro SA for $112 million.
On Friday, the government announced it would negotiate the purchase of a majority share in the Bolivian operations of four more foreign companies, as dictated by Morales' nationalization decree last year.
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