Dear all;

Nyata benar bedanya antara RI & Venezuela, ya? 

RI malah sibuk mempersembahkan harta miliknya kepada MNCs, oiii!
Silahkan kabar menggembirakan yang dilakukan pemerintah mereka yang secara 
tegas menolak untuk memihak kepada kepentingan MNCs dan tergas pula memihak 
kepada kepentingan rakyat Venezuela ini:


VENEZUELA SEIZED OIL FIELDS FROM EUROPEAN FIRMS
by: NATALIE OBIKO PEARSON 

Associated Press

Caracas — Venezuela has seized control of oil fields from France's Total SA and 
Italy's Eni SPA in a show of force against those resisting President Hugo 
Chavez's efforts to pry more profits from the industry at a time of high oil 
prices.

The move signals that Mr. Chavez's government is ready to send top oil 
companies packing unless they play by Caracas's new rules, but experts say the 
tactic could backfire by spooking partners Venezuela needs to develop 
potentially some of the world's largest untapped reserves.

Oil Minister Rafael Ramirez announced Monday that state oil company Petroleos 
de Venezuela SA (PDVSA) had taken control of Total's Jusepin field and Eni's 
Dacion field, which together produced 115,000 barrels a day, after the two 
companies refused to turn operations over to state-controlled joint ventures.

In challenging the government, they join Exxon Mobil Corp., which earlier sold 
off its stake in the 15,000-barrel-a-day Quiamare-La Ceiba field rather than 
submit to tightened terms.

The three dissenters are among the world's six largest oil companies by market 
capitalization.

Mr. Ramirez remains resolute.

“We're not going to trample over anybody, but we can't accept being trampled on 
either,” he said Monday. “Companies that don't adjust to our laws, we don't 
want them to continue in the country.”

The seized properties were among 32 oil fields the government has reclaimed 
from private companies by voiding their oil-pumping contracts and replacing 
them with so-called “mixed companies” that give PDVSA a 
60-per-cent-to-80-per-cent stake and sharply raise royalties and taxes, among 
other measures.

“It's sent a very negative sign,” said Juan Carlos Sosa Azpurua, president of 
Grupo Petroleo YV, a Caracas-based energy consulting firm.

Patrick Esteruelas, analyst at the Washington-based Eurasia Group, said in a 
report distributed Monday that Venezuela was taking a risk playing hardball 
with the oil majors as “a decline in oil prices and/or the emergence of new 
opportunities elsewhere could force current players to reassess.”

Companies representing 25 fields, including Chevron Corp. and Royal Dutch Shell 
PLC, have signed onto the joint ventures.

Four other companies, including Spanish-Argentine Repsol YPF and Japan's 
Teikoku Oil Co., chose to voluntarily return five fields to PDVSA, though they 
retained stakes in other more profitable fields.

Norway's Statoil sold PDVSA its stake in one field rather than agree to a joint 
venture.

Venezuela has been emboldened by rising oil prices, political instability in 
the Mideast and Nigeria, and new buyers in Asia.

But Mr. Sosa warned that Venezuela may lose on its gamble: “At the end of the 
day, it's harmful. There will be no more additional investments.”

The impact on future investment could prove critical at a time when Venezuela 
is seeking to develop its vast reserves in the Orinoco tar belt.

The region is estimated to hold an estimated 236 billion barrels of extra-heavy 
oil and tar-like bitumen, which if certified and proved commercially viable, 
would make Venezuela home to the world's largest crude oil reserves.

But developing those deposits requires Big Oil's expertise and technology.

Notably, Exxon Mobil, Total and Statoil are among those with investments 
upgrading about 330,000 barrels a day of heavy oil in the Orinoco region to 
lighter, more marketable crudes.

Having suddenly changed the rules of the game, Venezuela will find it difficult 
to get such companies to commit to future investments, Sosa said.

“It's not as simple as peeling mandarins. It's not so easy,” Mr. Sosa said. 




***************************************************************************
Berdikusi dg Santun & Elegan, dg Semangat Persahabatan. Menuju Indonesia yg 
Lebih Baik, in Commonality & Shared Destiny. 
http://groups.yahoo.com/group/ppiindia
***************************************************************************
__________________________________________________________________________
Mohon Perhatian:

1. Harap tdk. memposting/reply yg menyinggung SARA (kecuali sbg otokritik)
2. Pesan yg akan direply harap dihapus, kecuali yg akan dikomentari.
3. Reading only, http://dear.to/ppi 
4. Satu email perhari: [EMAIL PROTECTED]
5. No-email/web only: [EMAIL PROTECTED]
6. kembali menerima email: [EMAIL PROTECTED]
 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/ppiindia/

<*> To unsubscribe from this group, send an email to:
    [EMAIL PROTECTED]

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/
 



Reply via email to