Venezuelan lawmakers ask Supreme Court to annul oil pact with Cuba
Associated Press, August 22, 2002 Thursday 3:47 PM Eastern Time
CARACAS, Venezuela--A group of opposition lawmakers asked the Supreme Court on Thursday to annul an oil assistance pact with Cuba.
Rafael Octavio Rivero, of the Social Christian Copei party, said the pact is illegal because President Hugo Chavez's government failed to seek congressional ratification before signing it in October 2000. The Supreme Court is considering a similar case introduced earlier this year by another group of opposition politicians.
The Chavez-dominated National Assembly voted in 2000 that the pact didn't require congressional approval because it was the continuation of a 1992 pact with Cuba. Rivero argued the 1992 pact also lacked congressional approval and that it involved science and technology, not oil.
Under the 2000 pact, Venezuela sells 53,000 barrels a day of oil to Cuba under preferential financial terms. It has similar deals with other Caribbean nations.
Venezuela provides one-third of Cuba's oil imports. Chavez considers Cuban President Fidel Castro a close friend and has tightened relations with the communist island.
Executives at the state-oil monopoly Petroleos de Venezuela suspended shipments to Cuba during an April coup that briefly ousted Chavez, arguing Cuba owed dlrs 142 million in the deal. After Chavez regained power, PDVSA President Ali Rodriguez ordered that shipments resume in September and allowed Cuba more time to pay the debt.
Edgar Paredes, a top PDVSA executive, publicly criticized the deal this week, saying Cuba's "high levels of debt" were harming the oil company's finances.
Copyright 2002 Associated Press