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BOGOTA Feb 4 Colombia's Finance Minister on
Monday ruled out the sale this year of a stake in state oil
company Ecopetrol, the proceeds of which had been earmarked in
the 2013 financing plan.
"At the moment the government isn't considering the sale of
Ecopetrol, although the nation will need to sell assets worth 3
trillion pesos ($1.7 billion)," the minister, Mauricio Cardenas
The government has said it would sell a total of 9.9 percent
of Ecopetrol in several stages and had planned initially to sell
about 1.5 percent of Ecopetrol this year. Ecopetrol is 89.9
percent owned by the state.
(Reporting by Helen Murphy; Editing by Alden Bentley)