Archive for May 26th, 2005

E-mail revoking visa of Supreme Court Chief

May 26, 2005

This is the mail that incensed the President of the Venezuelan Supreme Court and he gave a copy to the press. What is most interesting is that it is signed by the “Fraud Prevention Unit”. Why?

Note that it says the person should go to the Embassy to learn about a matter “of his interest”. Ominous! Again: Why?



Who betrays PDVSA? By Teodoro Petkoff

May 26, 2005

What hides between that entire supposedly nationalistic hullabaloo of Minister Rafael Ramirez? What are they trying to cover up with that rhetoric? It draws your attention that at the same time that they are accusing the so called “old PDVSA” (which obviously includes the PDVSA of Mandini, Ciavaldini and Lameda) of “treason to the nation”, in the “new” PDVSA plans prosper that without any doubt could provoke the collapse of the national oil industry.

It can’t be a coincidence that simultaneously they are working on the sale of Citgo, on the elimination of the production of Orimulsion and the ferocious questioning of the oil opening. These are three business areas of PDVSA that, if they are successful in the strategy that points towards their destruction, it will gravely affect our productive capacity and our presence in world markets. It can not be a coincidence that they want to get rid of a company like Citgo that seeing under the time horizon which is characteristic of the oil industry, which is decades, insures a significant participation in the most important of world oil markets, which is that of the US. It can not be a coincidence that they want to liquidate the production of Orimulsion, a product with growing demand and of high profitability. It can not be a coincidence the questioning of the oil opening, whose companies produce today more than a million barrels a day, almost half the crude the country exports.


Who would benefit from the collapse or significant reduction of our oil production? Without any doubt, all of the members of the reduced club of oil producing countries. All market spaces that Venezuela abandons or loses will be rapidly occupied by other producers. The Arab countries, with whom we share OPEC, would not vacillate, however, to fill any holes that Venezuela opens.


Neither would Russia or Mexico. PEMEX would not be unhappy to take some of the yanqui market that today belongs to Venezuela. Neither would, for example, Saudi Arabia. It is simply a matter of competing for markets.


In the high commands of the “new” Pdvsa there are some people who have theorized about these matters. Juan Carlos Boue, a Mexican, previously a high chief at PEMEX and today with high responsibilities at PDVSA, and Bernard Mommer, today Vice-Minister of Energy and Oil, after a number of years of apprenticeship at the Oxford Petroleum Institute, financed by a number of Arab producers of crude, have written about these topics, providing theoretical arguments to get rid of the “bad business” that Citgo would be and to close the plants of Orimulsion.


Nevertheless, at the same time that we advance in the destruction of the businesses of PDVSA with false nationalistic arguments, the Government issued the Gas Bill, that hands over 100% of the exploitation of gaseous hydrocarbons to multinationals, on the basis of which, they have established themselves in the delta platform. While the decibels of the pseudo patriotic speech go up, we go back to the policy of concessions in the Gulf of Venezuela. Some thirty multinationals are fighting for the space.


Are these contradictory conducts and the shady negotiations that are behind them what Minister Ramirez wants to mystify with the hollow loudness of his speech yesterday?

Some remarkable things I heard today

May 26, 2005

US Embassy’s Stephen McFarland: “The US Government has not received any request for the extradition of Luis Posada Carriles…we have only received a request for his provisional arrest’

Cool! Threaten to break relations, blame the US for damaging relations, promote rallies to ask that Posada be extradited and you have not even submitted your request! Once again, the opposition was wrong; the Government did not act efficiently in this case either!


Chief Justice of the Venezuelan Supreme Court Omar Mora: “I demand an explanation for my visa to the US being cancelled…I don’t want to say it was because it was the Court he presides that requested the extradition of Posada Carriles


How can he think that, there has been no extradition request! He also complained the US made it public by sending it to the airlines. He should sue himself for appearing on TV and telling all of us. Hold it! Can the Chief Justice sue himself? Why does he want to go to the evil Empire anyway? Disneyland? Las Vegas? Check his bank accounts?


Hugo Chavez: “We are going to reactivate the nuclear project of my General Marcos Perez Jimenez


Interesting that he would call “my General” the last Dictator we had, who was a bloody, fascist, right wing Dictator.


Rafael Ramirez: “We could not find any of the documents…in the official archives…the Ministry and PDVSA. Only one possible outrageous conclusion was possible: Someone made a point of gathering them and disappearing them


Oh! It is the old “hairy hand argument” so common in our history. Whoever did this had a long reach, it even disappeared the documents at the Assembly controlled by the….Chavistas!


Prosecutor’s Office: “We are opening an investigation against webpage, among other things for defaming people


Wow! It took a year to do anything about Tascon’s list, but in a day the Prosecutor opens an investigation on a page that may be defaming people who are pro-Chavez for calling them Chavistas. I think they are right, this is worse than Tascon’s list; they are calling you a Chavista in public and revealing who you are! Nothing like a very private Chavista! This is defamation; they are encouraging people to hate them! The guy who asked for the investigation is being accused at the webpage of “being Chavista and organizing without success groups to take over Fedecamaras” or something like that. Really nasty stuff indeed!


Central Bank Director Maza Zavala: “I am no detective to know what PDVSA did with the foreign currency…it is a simple arithmetic operation”.


You have to give credit to the “father of Venezuelan Marxist economics”. He is certainly a man of principles and a relentless critic of the way the Chavez administration is running the economy. Notice he says “it is a simple arithmetic operation” to know some funds are missing.