Posted on 05/17/2002 4:13:40 AM PDT by Cincinatus' Wife
HAVANA (AP) - Venezuela has not yet resumed shipments of 53,000 barrels a day of oil that Cuba received before the failed April 11 coup against President Hugo Chavez, Basic Industry Minister Marcos Portal said Thursday.
"It is possible that it will be re-established in the coming months," Portal told a news conference.
Under an October 2000 agreement between Chavez and Cuban President Fidel Castro Venezuela was supplying the oil to Cuba on special terms, allowing it 15 years to pay and charging 2 percent a year interest on amassed debt.
Venezuela signed similar agreements with other countries in Central America and the Caribbean.
During the two days when Chavez briefly lost control, Venezuelan oil company officials announced a series of changes that included an end of oil shipments to Cuba.
Gosh....I hate to break it to them, but that ain't no way to run a railroad.
Chavez's framented opposition needs to consider this and work together to get him out!
Many are trying to do this to avert more damage to the country.
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