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Eighth Annual Citgo-Venezuela Heating Oil Program Launched

Venezuelanalysis | February 4, 2013

Logo_citgo_03Last Thursday, at the Night of Peace Family Shelter in Baltimore, CITGO Petroleum Corporation President and CEO Alejandro Granado and Citizens Energy Corporation Chairman Joseph P. Kennedy II launched the eighth annual CITGO-Venezuela Heating Oil Program with the first heating oil delivery of this winter’s initiative.

The program, which began as a single donation in 2005 in response to the high prices of heating oil resulting from hurricanes Katrina and Rita, has grown well beyond its original scope. Today, it has become a humanitarian symbol of unity between the people of Venezuela and those in need in the United States.

This year, the program has a heightened sentiment as it comes at a time when Venezuelans and many in the world send their wishes for the health and prompt recuperation of President Hugo Chávez, who has supported this initiative since its creation eight years ago.

“The CITGO-Venezuela Heating Oil Program has been one of the most important energy assistance efforts in the United States. This year, as families across the Eastern Seaboard struggle to recover from the losses caused by Hurricane Sandy, this donation becomes even more significant,” said Granado. “This energy assistance program is an integral example of the humanitarian principles endorsed by the CITGO ultimate shareholder, Petróleos de Venezuela, S.A. (PDVSA), the national oil company of the Bolivarian Republic of Venezuela.”

Over the years, the program has helped more than 1.7 million people stay warm during the coldest months of winter by donating more than 200 million gallons of heating oil worth more than $400 million. It is estimated that this year the program will help more than 100,000 families in 25 states plus the District of Columbia, including members of more than 240 Native American communities and more than 200 homeless shelters.

“CITGO invests relatively more than any other major oil company in social responsibility projects. As a matter of fact, our percent of revenue spent in social programs has been five times more than those of other much larger, vertically-integrated competing global brands. It is a core principle of our business to use the strength of our resources to help people in need,” Granado said.

Since the program’s creation, CITGO has partnered with Citizens Energy Corporation, a non-profit organization created in 1979 by former U.S. Rep. Joseph P. Kennedy II. Citizens Energy Corporation, which has used successful ventures in the energy and health care industries to finance charitable programs in the U.S. and abroad, has provided energy assistance to families in need for more than 30 years.

“We are so grateful for this generous donation from the people of Venezuela and CITGO Petroleum Corporation. After eight years and more than 200 million gallons of heating oil distributed within the U.S., the burden of another difficult winter threatens the livelihood and safety of senior citizens and low-income families,” Kennedy said. “It is critical that we continue to support American families through this program. Thanks to this partnership, we will help more than 400,000 people stay warm and safe this winter.”

Kennedy emphasized the commitment CITGO has made to American communities. He said that he has approached major U.S. oil companies and oil-producing nations to ask them to assist the poor in bearing the burden of rising energy costs. “They all said no,” he said, “except for CITGO, President Chávez and the people of Venezuela.”

Congressman Elijah Cummings (MD), who also spoke during the event, reiterated the importance of helping those in need. “I commend CITGO and Citizens Energy Corporation for launching the Heating Oil Program this year. This program is literally life-saving for so many whose resources are already stretched thin in tough economic times. I stand with the many Baltimore and Washington recipients who thank both CITGO and Citizens for their commitment to helping our communities,” he said.

Echoing those sentiments, Claudia Salerno Caldera, Venezuela’s Vice Minister of Foreign Affairs for North America, addressed the plight of poor people and why humanitarian assistance is so vital. “The vision of social responsibility in the energy policy of the Bolivarian Republic of Venezuela has allowed us to assure that our profits benefit the neediest people in our country. Just as the government of President Hugo Chávez has made significant efforts in the fight against poverty and in the promotion of social justice in Venezuela, this program demonstrates that our commitment to the poor transcends all boundaries, ideological and geographical,” Salerno said.

Families struggling to pay for home heating oil can call Citizens Energy Corporation at 1-877-JOE-4-OIL (1-877-563-4645), to see if they are eligible for heating oil assistance. Once approved, the household will receive an authorization letter with details for arranging a one-time delivery of 100 free gallons of oil.

For more information about the program, click here.

Edited by Venezuelanalysis.com

CITGO, based in Houston, is a refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. The company is owned by PDV America, Inc., an indirect wholly owned subsidiary of Petróleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela. For more information visit www.citgo.com.

Beginning in 1979 with oil-trading ventures in Latin America and Africa, Citizens Energy has used revenues from commercial enterprises to channel millions of dollars into charitable programs in the U.S. and abroad. Whether heating the homes of the elderly and the poor, lowering the cost of prescription drugs for millions of Americans, or starting solar heating projects in Jamaica and Venezuela, Citizens Energy creates social ventures as innovative as the businesses that finance them. For more information, visit www.citizensenergy.com.

February 4, 2013 Posted by | Economics, Solidarity and Activism | , , , , , , | Leave a comment

Venezuelan State Enterprises Sign Agreement to Develop Orinoco Region

By Tamara Pearson | Venezuelanalysis | August 21st 2012

Mérida  –  Yesterday President Hugo Chavez met with over a thousand workers in the large hall of the Caruachi Hydroelectric Complex of the Guyana Venezuela Corporation (CVG) to sign an agreement to begin the organisation and construction of the Orinoco Axis of Development.

Representatives of Venezuela’s state-owned oil company PDVSA and CVG signed the agreement to collaborate in the creation of this “axis of development” in the Orinoco area, one of several such axes in specific regions that Chavez has proposed in his plan for 2013-2019. CVG is a mostly worker co-managed entity that extracts and processes primary material such as iron, gold, and bauxite.

Chavez said the strategy was to unite the north and south of the Orinoco zone. That is, to unite the Orinoco Oil Belt to the north of the river, which holds the world’s largest oil reserves, with the Industrial Mining Belt to the south of it. However, Chavez said the area also includes 600,000 hectares where agricultural production can be fostered. The axis will have an area of around 100,000 square kilometres in total.

The union between PDVSA and CVG is the result of years of discussion, Chavez said, “and is related to large historical objectives which we have proposed for ourselves… and the need for planning… in the long and medium term”.

CVG president Rafael Gil Barrios explained to the press today that the PDVSA-CVG agreement is already being concretised, including the creation of mixed companies (smaller companies run by the two larger main ones) such as Petro San Feliz. CVG will own 10% of this company, of the 70% of stocks that PDVSA already owns.

Steel projects, Workers and Mercosur

Workers from CVG, from the Sidor steel plant, and from PDVSA attended the meeting with Chavez, during which he also approved US$ 324 million for Sidor, to go towards increasing its production. That includes $18.5 million to update rust removal technology and $250 million for a project to install machinery for round billet mould assembly. The steel tubes produced from this machinery will benefit the petroleum industry in the Orinoco oil belt. The financing comes from agreements with China.

Chavez asked workers to audit the projects and to protest when work is taking too long or is halted. His comment comes as some cement workers have voted to go on national strike “against the policy of the Chavez government of freezing collective contracts in order to please the capitalists”, as stated by the Revolutionary Socialist Current two days ago.

“Just like when you all protest, and rightly so, when for example, the dividends don’t arrive… so I approved Bs 600 million recently for such loans,” Chavez said, adding that, “Workers have the right to protest in a thousand ways, but not damaging the production of … the [state owned] companies of Guayana… there are mafias who buy off the workers…and their managers… they have to be denounced.”

The president also emphasised the importance of the axis and its region in Venezuela’s incorporation into the trade bloc, Mercosur, formalised in July.

“We have to start to construct the railroad from the Caribbean (Puerto La Cruz, Venezuela) to Manaos (in the Brazilian Amazon)… this is vital and Guayana’s role in that is vital,” Chavez said and also announced that he was forming a new presidential commission to deal with Venezuela’s integration into Mercosur. The commission will consist of mostly selected members of his cabinet and is presided by Foreign Minister Nicolas Maduro and Mercosur executive secretary Isabel Delgado.

Nicolas Maduro, added, “This large economic force, this mining, industrial, petroleum, agricultural force is our country’s direct relationship with Mercosur… the Mercosur commission starts today (Monday) and they have oriented us towards forming a Business Council and a Worker Council of Mercosur”.

“There’s a lot of motivation to increase the productive and exporting potential Venezuela has in the large market of South America, which is Mercosur,” Maduro concluded.

The government re-nationalised the Sidor steel plant in 2008, and CVG workers in July 2009 proposed a model of production and workers control which Chavez supported, called Plan Socialist Guayana 2009-2019.  The plan involved transforming the state owned CVG and its companies into socialist companies, and in 2010 CVG workers elected the directors of the respective companies that make up the corporation for the first time.

Ramirez confirmed as president of PDVSA and increased oil production

Today Chavez also announced that the president of PDVSA, as well as the minister of petroleum and mining, Rafael Ramirez, will remain president of PDVSA for the upcoming management period of 2013-2019.

Chavez made the announcement during a meeting in Monagas state with the workers of the Orinoco Oil Belt there. He also outlined plans to increase petroleum production in Venezuela generally to 6 million barrels a day by 2019, said that the government is currently “investing around 5 billion dollars in the belt” and that over the next 6 years the government aims to invest $100 billion.

Ramirez informed that the Venezuelan state has received US$ 383,223 million through petroleum taxes over the last thirteen years. This income was a result of fiscal reforms the government implemented from 2002 in the petroleum sectors. Before those reforms, transnationals in the petroleum sector only payed taxes of 1%, a figure the government increased to 33% in 2002.

Chavez said this money has been invested in education, health, agriculture, and housing.

August 22, 2012 Posted by | Economics, Timeless or most popular | , , , , , , | Leave a comment