President Hugo
Chavez: A legal victory by ExxonMobile
against Venezuela's state oil company has
again set him off …
El Universal, Venezuela
Chavez
Threatens U.S.
Oil Cutoff After Legal
Victory By ExxonMobil
"If
you end up freezing (Venezuelan assets) and it harms us, we're going to do harm
to you. Do you know how? We aren't going to send more oil to the United States.
Take note, Mr. Bush, Mr. Danger … We cannot be a government of wimps.
No! Our best weapon is to counterattack and begin shooting; we are going to
counterattack, and therefore I say to my ministers, come on!"
-- Hugo Chavez, President of Venezuela
By Mariemma
Ramos Nava
Translated by Miguel Guttierez
February 10, 2008
Venezuela
- El Universal - Original Article (Spanish)
Barinas: President Hugo Chavez threatened today to suspend oil
exports to the United States if Exxon Mobile manages to seize the assets of
Petroleum of Venezuela S.A. (PDVSA) through the courts.
[Editor's Note: Chavez refers to a series of court orders
obtained by Exxon Mobil Corp. in Britain, the Netherlands, and the Dutch
Antilles, freezing up to $12 billion in assets of Venezuelan state oil firm
PDVSA. The injunctions were sought by Exxon in anticipation of an arbitration
ruling by the International Centre for Settlement of Investment Disputes 
over a compensation claim. The rulings mean
that Venezuela can't sell certain assets or move some funds while the
compensation case is reviewed. The Venezuelan government nationalized Exxon's
41.7 percent stake in the Cerro Negro project last May, and offered the company
compensation. But Exxon wasn't satisfied and demanded arbitration].
"If
you end up freezing (Venezuelan assets) and it harms us, we're going to do harm
to you. Do you know how? We aren't going to send more oil to the United States.
Take note, Mr. Bush, Mr. Danger. If the economic war against Venezuela
continues, the price of oil will reach 200 dollars and will send Venezuela into
economic war. If any country is
ready to join them [the U.S.] in this war, we will not be frightened, we will
not be deterred."
The ruling announced on
Thursday, relates to legal action taken through the medium of international
arbitration, by U.S. oil giant Exxon Mobile, which seeks to freeze over $12
billion in assets of Venezuela's state oil company. WORLDMEETS.US
In the 303rd episode of his
weekly program, "Hello, President," the chief executive again
referred to the United States as a country that, "has articulated an
international movement on this continent" which sees the Venezuelan
right [a reference to Venezuela's wealthy population] as part of an
"imperial plan" to convert the country back into an American colony.
"We cannot allow the
Venezuelan right to seize power again," he warned.
"Never again will they
rob us - the Exxon Mobil bandits. They are imperialist, white-collar thieves.
They turn governments corrupt, they oust governments. They supported the
invasion of Iraq and the global bandits, the global mafia that is Exxon Mobil,
continue to support the genocide in Iraq," said the President.
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Hugo Chavez at a
ceremony for his failed 1992 coup attempt: Is it all bluster, or might he
actually cut off the U.S.?
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"I have read some
analysis that indicates that this is just the tip of the iceberg, so to the
other companies of the North American empire we say: Continue and you will see
that we don't send a drop of oil to the Empire of the USA," warned the
President.
"We cannot be a
government of wimps. No! Our best weapon is to counterattack and begin
shooting; we are going to counterattack, and therefore I say to my ministers,
come on! That's why I renewed my team and will continue reforming and
strengthening … this is to attack, "insisted the President.
The President said that he
has reliable information showing that Bush has ordered all necessary efforts be
taken so that before he leaves office, Chavez and his Bolivarian Revolution are
defeated.
"Remember that I wagered
a dollar that he would never stop, and that he wanted to remove us before his
retirement," warned the head of state.
SEE ALSO:
El Universal, Venezuela
Venezuela
Must Do to Chavez
What the
U.S. Did to Nixon! …
http://worldmeets.us/eluniversalvz000029.shtml
CLICK HERE FOR
SPANISH VERSION
[WORLDMEETS.US Posted February 10, 6:45pm]
