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Will Venezuela's petro-diplomacy survive?


Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/21173

Will Venezuela's petro-diplomacy survive?

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dc.contributor.author Inter-American Dialogue’s Latin American Energy Advisor
dc.date.accessioned 2012-09-07T22:21:06Z
dc.date.available 2012-09-07T22:21:06Z
dc.date.issued 2012-08-13
dc.identifier.citation Inter-American Dialogue’s Latin American Energy Advisor, August 13-17, 2012; pp. 1, 3, 6. en_US
dc.identifier.uri http://hdl.handle.net/1928/21173
dc.description Article re-posted as a PDF document with permission from the publisher as part of an Institutional Repository collection to aggregate Latin American energy policy, dialogue, white papers, reports, and educational materials. en_US
dc.description.abstract Henrique Capriles, the Venezuelan opposition leader running for president against Hugo Chávez, said on Aug. 1 that he would scrap preferential oil deals with foreign allies including Argentina, Cuba and others, Reuters reported. Capriles said the country would save $6.7 billion annually under his plan, money that he would use for domestic social spending. Meanwhile, state-run oil company PDVSA reportedly will need to set aside between $4 billion and $7 billion annually for the next five years to make payments on its heavy debt burden, analysts have forecast. Has Venezuela’s petro-diplomacy run the end of its course? Which countries would suffer the most from an end to PetroCaribe and Venezuela’s other preferential oil deals? If re-elected, will Chávez be able to maintain the agreements? How serious of a problem has PDVSA's debt burden become? en_US
dc.language.iso en en_US
dc.publisher Inter-American Dialogue en_US
dc.subject Latin America en_US
dc.subject Venezuela en_US
dc.subject Henrique Capriles en_US
dc.subject Hugo Chávez en_US
dc.subject fossil fuels en_US
dc.subject oil en_US
dc.subject petro-diplomacy en_US
dc.subject PDVSA en_US
dc.subject policy en_US
dc.subject energy cooperation agreements en_US
dc.subject PetroCaribe en_US
dc.subject debt en_US
dc.subject foreign policy en_US
dc.subject Cuba en_US
dc.subject economic reform en_US
dc.subject investment en_US
dc.subject industry en_US
dc.subject financing en_US
dc.title Will Venezuela's petro-diplomacy survive? en_US
dc.type Article en_US
dc.identifier.url http://www.thedialogue.org en_US

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