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Insidecostarica.com - San José, Costa Rica - Saturday 23 April  2005

 

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  Ecuador changes military, police leaders
  Venezuela rules out suspending oil supply to US
  IDB proposes reforms to prevent crisis in Iberian-American countries
  US donates 10 aircraft to Colombia
  Minimum Wage Hike Hot News in Cuba


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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