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Venezuela rules out suspending
oil supply to US
Venezuela, the world's fifth
largest crude exporter, has no
plans for a suspension of oil
supply to the United States,
Vice President Jose Rangel said
here Friday.
During a meeting with ruling
party mayors, Rangel ruled out
the suspension and told the US
government not to worry about
it.
Venezuela, the fourth largest
oil supplier to the United
States, "has guaranteed a
continuous and sustained flow of
Venezuelan fuel to the United
States, even in moments when the
petroleum reserve has
decreased," he said.
Bilateral ties have been hit by
political friction since
President Hugo Chavez took
office six years ago, but trade
between the two countries
remains unaffected. Venezuela
exports some 1.5 million barrels
of oil to the United States a
day, accounting for 15 percent
of the total US oil import.
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