Buffoonish Nationalism by Teodoro Petkoff

May 27, 2005

Teodoro Petkoff is so mad about what is being said about PDVSA that he broke his tradition of not writing the Friday Editorial, to write this:



Buffoonish Nationalism by Teodoro Petkoff in Tal Cual


 


Minister Ramirez attacked this week the oil opening projects. He affirmed that the operating agreements approved by the National Congress in 1995 said one thing and that the multinationals have done something else.


 


It just so happens, however, that of the ten years that the oil opening has been in place, ALMOST SEVEN have been under the administration of the revolution. Thus, if these companies have cheated, as Ramirez affirms, it has been under the noses of these shoddy nationalists that today govern us. If we suppose that the foreign companies have not paid what they owed, the blame is on those that were obligated to collect from them.


 


Nevertheless our anti imperialists have played leading roles in remarkable contradictions. Chavez assured us on March 200th. 2002 that Total and Statoil, precisely the two companies that Ramirez pointed to as cheaters, should be given a trophy and on March 9th. of this same year, only two months ago, Chavez was filled with pride with the alliance with Total: With Venezuelas technology and allied with companies like Total, we are extracting heavy and super heavy from the Orinoco Oil beltThen? Surely, we are like in the case of the revision of the relations with the US (The Foreign Office is explaining to everyone that Chavez did not mean to say what he said), our President will tell his friend Jacques Chirac that the thing with Total (a French company for those that dont know it) was a misunderstanding.


 


Not long ago, when his anti imperialistic measles broke out, Chavez said that it cant be that an oil company comes and pays 1% of royalties () I have given orders to PDVSA and the Tax Office to collect retroactively and with interest what they owe us () If they dont pay they have to leave. All the stupid jerks, Ramonet-style, must have had an orgasm confronting such courage. However, Ramirez in his speech could not avoid saying the truth, Chavez, apparently, was not informed that the stuff about increasing the royalties was in the law and the contracts with the companies. The Minister explained that according to the Law of Hydrocarbons of 1943, one could reduce royalties to economically support projects under development, but, according to the same law, once those economic conditions were overcome, the Minister of Energy could adjust the royalties to the normal levels.


 


Thats what we did said Ramirez candidly. Nothing then about the exploits, Lazaro Cardenas style, when he nationalized Mexican oil or Mossadegh style, when he did the same thing with Iranian oil.


 


No, it was a simple matter of revising the numbers according to the law. What Ramirez should explain is why they took so long in discovering that after three consecutive years of stratospheric crude prices it was illogical that the companies pay a royalty of 1% and because of this we adjusted the royalty to 16% and we did not go to 30% for legal protection. Nothing about the clear clarions of the revolution. Just accounting adjustments. The rest is pure show. Read our central pages of todays edition, where, through the words of Chavez along these years, one can follow the trajectory of this fake and erratic policy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 11,697 other followers

%d bloggers like this: