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The deal also allowed Cheniere proceed with its Sabine Pass project in Louisiana, which could be the first liquid natural gas export plant built in the United States in roughly 50 years.
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This project, which also included the construction of the world's largest hydroelectric plant, vastly increased Paraguay's export revenues through the sale of electricity.
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Overseas companies already have approached the Cypriot authorities for the construction of a liquefied-natural-gas plant, which will help process and export the hydrocarbon reserves.
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The ex-Soviet producer of beryllium, a plant called Ulba, was trying to export that metal to the US. The sole US producer (in any volume at least) was Brush Wellman.
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In December, four cabinet ministers warned in a joint statement that Lynas must export all waste material from its plant or see its operations suspended.
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Russia's nuclear power equipment and service export monopoly, Atomstroiexport, is building the plant under supervision of the International Atomic Energy Agency (IAEA), the United Nations' nuclear watchdog agency.
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The oil goes into a de-gasification plant, and then four-fifths of it is stored for export.
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The plant is expected to produce about 340, 000 vehicles, including about 120, 000 for export, this financial year, Mr. Sano said.
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