Chavez in a veiled threat tells Spain’s Repsol to seek agreement with Argentina
Venezuelan President Hugo Chavez advised Repsol to seek a friendly agreement in its dispute with Argentina and noted that the Spanish energy company held important assets in his country.
Repsol faces a long legal battle after the government of President Cristina Fernandez nationalized its Argentine energy unit, YPF, in April. It has sued for 10 billion dollars in compensation and taken steps to file for World Bank arbitration.
Cristina Fernandez, an ally of the socialist Chavez, said Repsol had not invested enough in YPF and had allowed crude production and exploration to decline.
I would advise them to think about it very carefully. They should look for a friendly agreement with this brother nation of ours, of South America, Chavez said in a televised speech during a visit to Caracas by Argentina's planning minister Julio De Vido.
Chavez a vocal critic of Washington has nationalized almost all Venezuela's oil industry during his 14 years in office.
Repsol has big investments here and we want it to continue having them, in an atmosphere of cordiality, understanding and respect for our sovereignty Chavez said.
Repsol and Italy's ENI signed a major deal last year with Venezuela's state oil company, PDVSA, to develop the Perla offshore natural gas field, where they have certified more than 15 trillion cubic feet.
Repsol also has an 11% stake in Carabobo Project 1 in Venezuela's extra heavy Orinoco crude belt, where reserves are seen at 31 billion barrels and output at 400.000 barrels per day. The company has said it expects to invest 15 billion dollars in Carabobo.
Earlier this year, Chavez strongly backed Cristina Fernandez's move to take over YPF, saying the rest of South America had a duty to support her as well. In 2007, he nationalized four Orinoco projects, prompting US majors Exxon Mobil Corp and ConocoPhillips to sue for tens of billions of dollars.








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Ah the new bully on the block, wastes no time in enforcing its demands on the weak and innocent,
Although in this case,
It’s like looking into the mirror as far as Spain is concern.
,,,,,,,,,,,,,,,,,,
like him or hate him,
at least someone is willing to put spain firmly in its place]
UN here they go to , wahhh , wahhh ,
HUGO-V - BK,
that should be interesting,
and the winner gets ?
Not the behaviour one would expect from a Mercosur members, or is it?
That's like Kermit the Frog threatening to head-but you :)
@7 I like Kermit. He has intelligence. Despite the physical similarity, Chavez just doesn't measure up!
just shows you what low standards South America has and their obsession with putting one over on the Gringos. You have a huge chip on your shoulder.
Well that's at least one thing you have in common with Miss Piggy Fernández de Kirchner then ;)
It details very clearly how this man rules by fear and intimedation and is using nationalism to screen his removal of his citizens human rights. He has now even instructed his government to withdraw from the Inter-American court on human rights.
www.bbc.co.uk/news/world-latin-america-18978997
Chavez is a tyrant obosesed with mantaing his own power base. Keeping your people uneducated, un-informed and supplied with only positive messages from your government and not allowing anyonw to critise your policies or government model IS NOT and WILL NEVER BE democratic.
And before you reply to this go and read these reports and actualy adress the arguments they present instead of trying to screen the issue with more patriotic fevour.
#6 that's right a say and a voté in mercosur.
#11. The USA supported coup d'etat in 2001 made us all in latinamerica see who the enemy is. Unlike libyans today Venezuelans are not killing each other and the oil is still benefiting Venezuela. Unlike the oil theft in Libya and Iraq wich is used to pay for western weapons as in Syria, Mali and somalia., Chavez is a saint in comparison. Now sit in the corner quietly. I hope you are not talking about the same human rights that allowed Libya to be showered with western weapons and drove the country into death, hunger and anarchy, all this without even mentioning the ethnic cleaning, rapes as well as child abuse and summary executions. HRW are the supply line for terrorists, sorry dude but the cat is out of the bag, I am telling you this because you claim we are uneducated but facts show you we know better.
#12 all short fat and ugly frustrated homosexuals seem to think like you is that a coincidence or are you all part of the same hair club???
#13 Great comments on Chavez (and at #5) but lay off the homosexuals, ont hat issue at least you and Conqueror are agreed!
I have never stated you are not educated, and have you every heard that two wrongs do not make a right! Just because the West has made mistakes in other countries (And Western intervention in libya prevented many civillian deaths) does not make what Chavez is doing any less an abuse of human rights. Or is your argument that Chavez is not as bad as others have been in the past that the reduction in his peoples civil liberties is any less of a human rights violation. If you have proof that HRW is a supply line for terrorists then I would love to see it. You see unlike your assumptions HRW can actualy provide documented evidence to prrove Chavez human rights abuses this is what makes their report a serious document and your unsupported accusations meaningless and hence why the world listens when they speak and dont care what you say.
All revolutions cause short term pain and suffering and war crimes etc are commited by both sides or do you believe that Chaev Guavara, Simon bolivar, San Martin etc where able to overthrow their colonial masters without bloodshed? This is exacly the same as Libya is now it will take a period of time for a country under a new governemnt to settle in especialy after many years of dictarship rule. Argentina for example had the same problems after it gained its independecne for example San Martin was so unhappy with the way the new Argentina intial set up its government that he left the country to live in France.
If Chavez is so beloved by his people why is he using media control and santioning anyone who speaks out or critises him? What does an honest man have to hide? If you want an intellegiant then please adress the actualy arguments agiants Chavez and his administartaion as the argument that he is not as bad as x y and z is a diversion tactic and does not actually adress the argument in hand.
Proves lol yes Libya is full of CIA, mi6 terrorist, same in Afghanistan and Iraq and now Syria, Mali and somalia HRW is a joke budy. And you the circus clown, all those nations are pleased with billions worth of guns payed by bankers who will not invest on the poor but start wars and theft resources.
Chavez is a great democratically elected president, and it's you and his oppositions job to show Chavez betrays his country or his people. Good luck with that too.
So you are admitting, that you would stand to one side,
and allow your hero, to fly all the to victory,
You are either a fool,
Or a brave man.??
Still as long as the fish is happy to by satisfied with the batter,
And they happily fry together,
It matters not , does it …????
Long life to Hugo Chavez leader of noble causes and a good fighter of Imperialism.
Anyone messing up with Der Präsident Hugo Chavez will suffer retaliation from SA big brothers.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!
You're so funny.
would you care to list them.
If you think there were any spelling mistakes in that, then I am sorry to tell you that it is you that is broadcasting his inability to spell.
As for being a piggy lover, where exactly have I ever said anything remotely complimentary about the La Plata whore?
If you need someone to explain the meaning of 'yomp', then you clearly know next to bugger all about the Falkland Islands and their liberation from Argentine tyranny.
While the colonel Yomp back to the base.
Herr Präsident Hugo chavez Stapfen gemütlich durch den Schnee aus Berlin.
so he beat American troops,
or American backed local men.
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