Venezuela Cuts Subsidized Fuel to Colombia

Caracas - Venezuelan sources at the border with Colombia reported on Tuesday compliance with the regulation of suspending exports of subsidized fuel to that country, while the authorities announced measures to avoid an increase in smuggling.

The suspension was ordered by President Hugo Chavez,a s a response to the Colombian authorization to establish seven US military bases in that nation, an action considered as a threat to Venezuela.

La Nacion, a daily of Tachira state, reported that eight tank trucks were stopped on Monday at the Francisco de Paula Santander, with 73,970 gallons of fuel, part of the 2,113,435 gallons of subsidized fuel sent to Colombia monthly.

That export was the result of an agreement between Chavez and Colombian President Alvaro Uribe to benefit the Colombia people at the border with Venezuela, in Santander's Norte department.

Faced with the tension that the restriction could cause, Interior and Justice Minister Tareck El Aissami asserted that they would fight smuggling to guarantee fuel or any natural resource to the population, in compliance with the policy of safeguarding national sovereignty.
 
 
 


 

 

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