Chavez: Venezuela Can Sell Oil To Non-USA Clientele

Discussion in 'Current Affairs, News and Analysis' started by Not_Whistlin_Dixie, Feb 5, 2006.

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  1. CARACAS, Venezuela (Reuters) - Venezuelan President Hugo Chavez warned on Saturday he could shut his government's U.S.-based refineries and sell oil to nations other than the United States if Washington decided to cut diplomatic ties, as relations between the two countries continue to worsen.


    "We'll see how high oil prices go, we'll see how much a gallon of gas will cost. I could easily sell the oil we sell to the United States to other countries," he said. "We don't want to get to that extreme, we want them to leave us in peace.

    "Chavez warns U.S. over refineries if cuts ties" 4 February 2006

  2. And the next candidate for Dubya's 'War on Terror' steps up to the plate.
  3. From Bloomberg.

    Pres. Hugo Chavez announced that he would jail any U.S. diplomats engaged in espionage against Venezuela.

    State oil company Petroleos de Venezuela SA's U.S. unit, Citgo Petroleum Corp. owns shares in four U.S. oil refineries and two asphalt plants, with a combined daily crude processing capacity of 756,000 barrels. The company also operates a 265,000 barrel-a-day refinery in Houston that's a joint venture with Lyondell Chemical Co. and has more than 13,500 U.S. retail fuel outlets.


    Houston-based Citgo sells 8 billions gallons of gasoline every year, according to the company's Web site.

    ``We now sell 1.5 million barrels a day of oil to the U.S.,'' Chavez said. ``We have never missed our commitment.''

    Venezuela could sell oil now going to the U.S. to India, China and Latin America, Chavez said.

    "Venezuela's Chavez Threatens to Jail Diplomats, Shut Refineries" 4 February 2006
  4. When a state accords diplomatic immunity to foreign diplomats its chief recourse from their misbehavior is to declare them persona non grata and kick them out.

    Jailing another state's diplomats without a waiver of immunity by the other state would have to constitute an obvious breach of international law.

    If Mr. Chavez goes through with this threat things could get pretty wild.