Venezuela signals clear warning to the US government to back off on interference; offers the Chinese almost unlimited access to massive oil and gas reserves
Signaling a clear warning to the US government to discontinue its several years interference in Venezuela's domestic political affairs, Venezuelan President Hugo Chavez Frias has turned to the Chinese government offering almost unlimited access to Venezuela's massive oil and gas reserves.
The offer forma a major part of a new trade deal between the Venezuela and China which will allow China preferential terms and conditions to operate oil fields in Venezuela and invest in new Venezuelan refineries.
The Chavez' administration's foreign policy, under the direction of current Foreign Minister (MRE) Ali Rodriguez Araque ... a former Secretary General of the Organization of Petroleum Exporting Countries (OPEC) and most recently president of the state-owned Petroleos de Venezuela (PDVSA) conglomerate ... is trying to divert sales of crude oil and derivatives away from the United States to reduce its dependence on Washington D.C. dictates.
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