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Hugo Chavez and Communist Influence Concern Peru's Authorities (by LIP, Jul 31, 2007) |
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# Jason W. Smith, Ph.D. says :
9 August, 2007 [ 19:39 ]
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President Chávez stresses historic nature of the Energy Security Treaty
ABN 09/08/2007Quito, Aug 9th (ABN).- Venezuela’s President, Hugo Chávez, reiterated that the signing of oil agreements to be held Thursday in Quito, Ecuador, is part of the historic integration mechanism of the Energy Security Treaty.
«This is the first time that an oil country has signed an agreement to guarantee energy for the next 100 years to a country without oil,» the President said Thursday early morning after holding a meeting with his Ecuadorian counterpart, Rafael Correa.
During the meeting, they discussed about an agreement to allow Petróleos de Venezuela (Pdvsa) moves to Ecuador to exploit several mature oil fields.
«We will also sign an accord to build a big refinery in the Pacific to refine Venezuelan and Ecuadorian oil and we will go to the Orinoco Oil Belt to start the first drilling between Pdvsa and Petroecuador.»
Chávez pointed out that during the meeting with the President of Ecuador, they talked about several issues concerning the integration such as the Bolivarian Alternative for the peoples of America (Alba).
«Ecuador has not enough drills. So we decided to send two Venezuelan oil drills to Ecuador to help to increase the production,» he said.
President Chávez condemned the development model imposed by the nations of the region that, in the particular case of Ecuador, has caused the reduction on oil production from 600,000 to 200,000 oil barrels.
The President explained that it caused that the Ecuadorian State has assigned almost all its resources obtained by the sale of its oil in the purchase of oil derivates.
«They sell the oil barrel in $50 or $60 and they have to buy gasoline in $80 or $90. That’s the model imposed to Ecuador, a colonial model. We came here to help in the liberation of Ecuador.»
The President stressed the recent agreements on Energy Security signed in Argentina and Uruguay, which will be guaranteed energy to the South American nations.
«The agreements will free the region from the American Empire,» President Chávez said.
Translated by Natalia González
Lea también:
+ Ecuador and Venezuela to develop productive projects
+ President Chávez arrived in Ecuador to strengthen energy and economic cooperation
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