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(venezuela) Top-level Chinese delegations negotiate crude oil contracts [View All]

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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-19-04 02:29 PM
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(venezuela) Top-level Chinese delegations negotiate crude oil contracts
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Edited on Fri Mar-19-04 02:32 PM by bemildred
This is a bit incoherent, but seems worth taking note of.

Edit: BTW, if it's not clear, this is a threat.


President Hugo Chavez Frias is warning that any attempt to overthrow his government will raise international oil prices to more
than US$50 a barrel In a published interview, the News York Times quotes Chavez Frias as saying he would not tolerate any
US-led attempt to force his resignation ... he said that the US government led by George W. Bush does not respect the Venezuelan
government, and noted Bush's continuous interference in Venezuela's internal affairs adding that it could jeopardize a key providers
of oil to the United States ... "I can not believe a government is willing to put its oil supplies at stake!"

...

Meanwhile, VHeadline.com can reveal that top-level delegations from the Peoples' Republic of China have visited Venezuela
recently to negotiate supply contracts which could relieve Venezuela of its customer-relationship dependency on North American
markets.

It is known that while there is a lot of pressure on the Chavez Frias administration to simply walk away from North American crude
oil markets in view of the rapidly devalued US$, Chavez Frias is personally waiting for an electoral win by US presidential
candidate John Kerry to remove George W. Bush from office before signing irrevocable long-term supply contracts with the
Chinese.

Vheadline
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