Skip to comments.Chavez Moves Venezuela Caribbean Oil HQ To Havana, Cuba
Posted on 04/30/2005 8:33:52 PM PDT by Kitten Festival
Castro and Chavez in business suits in Havana. Is it one of Chavez' Brioni or a Lanvin? Hard to tell he has over one hundred of them.
The opening of the office of PDVSA Cuba makes perfect sense. It is clearly one of those management decisions that has been studied and analyzed and the financial models have spoken: We need to open an office in Cuba, it makes perfect sense! Let's look at the facts:
-Cuba has no oil, it produces no oil, all of the exploration wells that have been drilled in the Guld of Mexico have turned out out dry. Repsol, Petrobras and YPF have even withdrawn from exploration activities in that island, so what better opportunity for a revolution that believes that anything is possible!
-Cuba is the Caribbean island island furthest away from Venezuela, so that from a logistic point of view it makes perfect sense to use the Matanzas storage facilty as a distribution point for all of the Caribbean. That way oil has to travel the furthest in order to send it back to the Caribbean. It is even a better strategic location if you consider that no ship can travel to the US from Matanzas, without touching port in another country first. Thisalso makes perfect sense since the US is Venezuela's largest export market.
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