Thursday, September 22, 2005

Venezuelan President Hugo Chavez Frias ships 1,000,000 barrels of petroleum to the United States

VHeadline.com - Venezuelan President Hugo Chavez Frias ships 1,000,000 barrels of petroleum to the United States:

The Venezuelan Embassy in Washington D.C. issued a press release late this morning to inform that Venezuela President Hugo Chavez’ pledge to ship approximately an additional one million barrels of gasoline to the United States in the wake of Hurricane Katrina’s devastation will begin to come to fruition on September 25 with the arrival at Port Everglades (Florida) of the bulk tanker 'B/t Energy Pride' with a first shipment of 240,000 barrels.

The gasoline, produced by Petroleos de Venezuela (PDVSA) will be available immediately to US consumers through PDVSA’s wholly-owned US subsidiary, CITGO Petroleum Corp's distribution network ... and is supplementary to PDVSA’s normal shipments.

“As a Hemispheric neighbor and business partner, we are pleased that we are able to provide immediate relief by increasing gasoline supplies available in the United States in the aftermath of this devastating natural disaster,” said Venezuela’s Ambassador to the United States, Bernardo Alvarez Herrera. “We're sending additional barrels of gasoline that otherwise would have gone elsewhere, and we will continue to do whatever we can to help alleviate energy shortages and the dislocations faced by the people of the United States as a result of Hurricane Katrina.”"

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