Caracas official says operation “isn’t advisable”
SANTO DOMINGO.- The Venezuelan Government has discarded the negotiations to buy a 49% stake in Dominican Republic´s only refinery, REFIDOMSA), affirming that the operation “is not advisable” for the South American nation, said Caracas Energy minister Rafael Ramirez, quoted by EFE and AFP, and news source universal.com.
“We are not going to participate in the acquisition of the refinery in Santo Domingo. There is no participation. It doesn’t seem advisable to us and we aren’t going to do it," the Venezuela official said.
Dominican Government officials weren’t available for comment, according to news source diariolibre.com
The sale of a 49% stake in the refinery for US$130 million was confirmed in mid 2009, although the signature to close the deal had been postponed several times.
The Government had bought out Royals Dutch Shell´s 50% stake three years ago, after it accused the multinational of irregularities¨ in Refidomsa´s management.
From: United States
whaaaat?
Written by: walnut, 22 Jan 2010 12:15 AM
From: Bouvet Island, Cayuga lakeside
Venezuela swimming in debt; Chavez pissed at Lionel.
Venezuela media reportied that today Chavez blamed the USA for testing an "earthquake bomb" off the coast of Haiti last week. The report claimed Chavez said that the weapon test was for future use in Iran and Venezuela.
Who is crazier...Chavez or Ahmadinejad?
Written by: josean, 22 Jan 2010 12:28 AM
From: United States, Show your Love for DR Vote AGAINST the PLD!
LIE-onel Fernandez, see what happens for double crossing Zelaya! Ask your new butty, Lobo to buy the 49%!
From: Canada
I agree with Josean on this one. Payback time. Next test will be Petrocaribe. Forget planting all those black beans or find some other market for them.
Written by: anthonyC, 22 Jan 2010 1:20 AM
From: United States
Really?
People are surprised?
Last week HugoNut devalued his currency.
So basically, with a stroke of a pen he just doubled the purchase price.
Written by: generoso, 22 Jan 2010 3:17 AM
From: United States, Quisqueya
Good news for DR, that sale would have made us totally dependent on the whims of a discredited, and unstable politician on its way out.
The stake in the refinery is wort a lot more, than the fire sale price.
Maybe now some of our arab friends will jump in and grab the opportunity.
People should be jumping up and down in the DR with joy, and the Chavez fans are reminded once more, that you can't rely on the word of a loud mouth.
From: Dominican Republic, No Spin Zone
abc where are you ?
Written by: generoso, 22 Jan 2010 4:02 AM
From: United States, Quisqueya
Blu
What are you doing up?
abc is is in the night shift, washing dishes at a Samana organic restaurant, LOL.
Written by: Trujillo, 22 Jan 2010 6:36 AM
From: Dominican Republic
This is excellent news. In other news the great spiritual leader of the nutty left, Hugo Chávez, has blamed the U.S. for the earthquake in Haiti. He said the U.S. was testing an earthquake weapon. Also, the venezuelan government puppet online newspaper, vheadline.com, says that Venezuela was the first country to send and get humanitarian aid to Haiti after the quake. I wonder what else these clowns will come up with.
From: Dominican Republic, vieja Santo Domingo
anthonyC..you are probably correct but as the payment not going to be in cash it was not going to be a strain on their overseas currency reserves. Are there other countries with government held refineries apart or does the DR stand alone and do we have the expertise here to do it alone or do we need a petroleum company as a partner??
Written by: josean, 22 Jan 2010 6:59 AM
From: United States, Show your Love for DR Vote AGAINST the PLD!
En un primer momento, Chávez y su colega dominicano, Leonel Fernández, tuvieron previsto suscribir ese acuerdo el 30 de junio en Santo Domingo, pero lo impidió la crisis política desatada en Honduras con el golpe de Estado que dos días antes derrocó a Manuel Zelaya, entonces un estrecho aliado del gobernante venezolano.
El jefe de Estado de Venezuela no ha comentado el acuerdo suscrito esta semana por su colega dominicano y el presidente electo de Honduras, Porfirio Lobo, para que Zelaya, encerrado en la embajada de Brasil en Tegucigalpa desde hace cuatro meses, pueda viajar a República Dominicana próximamente.
http://www.listin.com.do/app/article.aspx?id=128944Written by: zooma, 22 Jan 2010 7:43 AM
From: United States
Chavez has not been playing with a full deck. His house of cards is about to fall down. His administration has not managed his country's economy properly, sadly to the point no foreign investors are willing to risk their capital there for fear of nationalization. No money in, no money out.
Chavez cannot buy interest in a refinery when his funds have dried up.
Written by: Gringo_1, 22 Jan 2010 7:46 AM
From: Dominican Republic, Maimon (Bonao)
I wonder if they can get their down payments back on the mercedes sedan?? This is going to hurt someone's pocket.
From: Dominican Republic, No Spin Zone
Josean your heroes Obozo and Nutty Hugo are both in the crapper you must be very depressed....Whats a mother to do ?
From: Dominican Republic, vieja Santo Domingo
zooma .. I think that is spot on ,,there was quite a lot of money leaving Venezuela before devaluation , no doubt in anticipation of the eventual devaluation and he has no expertise left in the banking system.So our good luck not to have him as a partner . Having said that he was very charitable here with homes for those affected in floods and his contribution to Haiti was very commendable.
Written by: juanb, 22 Jan 2010 8:58 AM
From: Dominican Republic
Once again the the judgement of LF, this time with regards to whom to buddy up with and with whom to make alliances, is drawn into question. What an empty suit. But he sure photographs well.
From: Dominican Republic, No Spin Zone
LF will come out like a rose in this deal .....he wins ....Hugo is in the crapper .....Obozo is circling the drain ....Leonel is a hero to his Uncle and his Uncle will take care of him
Written by: pelaut, 22 Jan 2010 9:28 AM
From: United States
Has the Ven aid to Haiti been seen on the ground there? Or is it another feint?
True believer radicals never go down the toilet without resorting to violence. Wait . . .
Written by: dominica, 22 Jan 2010 9:42 AM
From: United States
and you know, it was brother Juan Pablo Duarte who said: "Nuestro Pais sera libre de toda potencia extranjera o se undira la isla." All Latin American countries should have great relations with one another due to the shared interests, cultures, and geo-political situations. However, one less foreign country owning a piece of the land is good with me. So what if the deal did not go thru?
From: Dominican Republic, No Spin Zone
Leonel is looking good on the world stage yes a class act admired by most..... a real player on the world stage ........ Josean sweeps up Mojons after the elephants in the circus....When asked " Josean why dont you get another job " He replied " What and get out of Show business "
Written by: josean, 22 Jan 2010 10:07 AM
From: United States, Show your Love for DR Vote AGAINST the PLD!
Let’s see how your Genius LIE-onel Fernandez handles these looming emergencies:
“Llevo 19 diseñando estructuras y puedo asegurar que al 95% de las obras que he tratado nunca se le ha dado una supervisión estructural porque sus dueños no lo procuran. Sólo Ikea, quizás por ser una compañía europea, se ha preocupado en supervisar si se está haciendo lo que se planeó”, indica.
“Aquí estamos mejor que Haití; eso no hay que dudarlo, pero la realidad es que si en Santo Domingo ocurre un sismo con la misma magnitud probablemente colapsarán más de la mitad de las edificaciones que tiene la ciudad”, dice Morrison.
http://www.listin.com.do/app/article.aspx?id=128906"Esta es la experiencia que hay que absorver de países que mejoraron las estructuras de sus escuelas, centros militares e iglesias lo que influye directamente en la cantidad de muertos", dice. El ingeniero insiste en que el hospital Cabral y Báez debe ser mejorado urgentemente, ya que está en una situación crítica.
Con
Written by: josean, 22 Jan 2010 10:08 AM
From: United States, Show your Love for DR Vote AGAINST the PLD!
http://www.listin.com.do/app/article.aspx?id=128907YOU HAVE BEEN WARNED LIE-onel Fernandez!
Still think METROS are a priority!
Better let REAL statesmen handle world affairs and start cleaning up your own backyard which is way, way more than you can handle!!
Written by: anthonyC, 22 Jan 2010 10:09 AM
From: United States
Written by: Ricardolito, 22 Jan 2010 6:47 AM
"anthonyC..you are probably correct but as the payment not going to be in cash it was not going to be a strain on their overseas currency reserves.:
I am aware the price was in "Crude" but with the devaluation of his currency the deal still would have cost twice as much as originally planned.
From: United States, NJ (M_ S Cibaeno 100%)
Not feasible for Hugo!
Written by: xwill7, 22 Jan 2010 11:07 AM
From: United States, El cuarto bate
Its better not to have this deal with ven... jugo is rubbing some countries the wrong way... I rather see DR next to USA than next to ven
Written by: generoso, 22 Jan 2010 11:14 AM
From: United States, Quisqueya
Chavez Zuela is a sinking ship and all rats are leaving before the inevitable outcome.
"Por que no te callas" Hugo is in intensive care and now only needs a little push, so he can go over the cliff, if he goes the Castro family dinasty is next!
I smell freedom in the air...........
From: Dominican Republic, No Spin Zone
I am checking air fares to Havana as you speak genoroso .....I want to be the first to defecate on Fidelitos grave .......Take him out Ceausescu style
Written by: josean, 22 Jan 2010 11:57 AM
From: United States, Show your Love for DR Vote AGAINST the PLD!
That’s why you have been constipated since 1959!
Written by: josean, 22 Jan 2010 11:59 AM
From: United States, Show your Love for DR Vote AGAINST the PLD!
Not doubt the reason for your obsession with MOJONES you haven't produced one in over 50 years!
Written by: xwill7, 22 Jan 2010 12:12 PM
From: United States, El cuarto bate
fo
Written by: generoso, 22 Jan 2010 11:12 PM
From: United States, Quisqueya
Xwill7
double fo. LOL.
You guys crack me up!
Written by: abc200, 24 Jan 2010 1:42 PM
From: United Kingdom, Dominican Republic
electric cars are comiing - petroleum refining doen't make much sense.
S.
From: Dominican Republic, No Spin Zone
- petroleum refining doen't make much sense......Not to nutty hugo is doesn't
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Venezuela media reportied that today Chavez blamed the USA for testing an "earthquake bomb" off the coast of Haiti last week. The report claimed Chavez said that the weapon test was for future use in Iran and Venezuela.
Who is crazier...Chavez or Ahmadinejad?
LIE-onel Fernandez, see what happens for double crossing Zelaya! Ask your new butty, Lobo to buy the 49%!
People are surprised?
Last week HugoNut devalued his currency.
So basically, with a stroke of a pen he just doubled the purchase price.
Good news for DR, that sale would have made us totally dependent on the whims of a discredited, and unstable politician on its way out.
The stake in the refinery is wort a lot more, than the fire sale price.
Maybe now some of our arab friends will jump in and grab the opportunity.
People should be jumping up and down in the DR with joy, and the Chavez fans are reminded once more, that you can't rely on the word of a loud mouth.
What are you doing up?
abc is is in the night shift, washing dishes at a Samana organic restaurant, LOL.
El jefe de Estado de Venezuela no ha comentado el acuerdo suscrito esta semana por su colega dominicano y el presidente electo de Honduras, Porfirio Lobo, para que Zelaya, encerrado en la embajada de Brasil en Tegucigalpa desde hace cuatro meses, pueda viajar a República Dominicana próximamente.
http://www.listin.com.do/app/article.aspx?id=128944
Chavez has not been playing with a full deck. His house of cards is about to fall down. His administration has not managed his country's economy properly, sadly to the point no foreign investors are willing to risk their capital there for fear of nationalization. No money in, no money out.
Chavez cannot buy interest in a refinery when his funds have dried up.
True believer radicals never go down the toilet without resorting to violence. Wait . . .
“Llevo 19 diseñando estructuras y puedo asegurar que al 95% de las obras que he tratado nunca se le ha dado una supervisión estructural porque sus dueños no lo procuran. Sólo Ikea, quizás por ser una compañía europea, se ha preocupado en supervisar si se está haciendo lo que se planeó”, indica.
“Aquí estamos mejor que Haití; eso no hay que dudarlo, pero la realidad es que si en Santo Domingo ocurre un sismo con la misma magnitud probablemente colapsarán más de la mitad de las edificaciones que tiene la ciudad”, dice Morrison.
http://www.listin.com.do/app/article.aspx?id=128906
"Esta es la experiencia que hay que absorver de países que mejoraron las estructuras de sus escuelas, centros militares e iglesias lo que influye directamente en la cantidad de muertos", dice. El ingeniero insiste en que el hospital Cabral y Báez debe ser mejorado urgentemente, ya que está en una situación crítica.
Con
YOU HAVE BEEN WARNED LIE-onel Fernandez!
Still think METROS are a priority!
Better let REAL statesmen handle world affairs and start cleaning up your own backyard which is way, way more than you can handle!!
"anthonyC..you are probably correct but as the payment not going to be in cash it was not going to be a strain on their overseas currency reserves.:
I am aware the price was in "Crude" but with the devaluation of his currency the deal still would have cost twice as much as originally planned.
Chavez Zuela is a sinking ship and all rats are leaving before the inevitable outcome.
"Por que no te callas" Hugo is in intensive care and now only needs a little push, so he can go over the cliff, if he goes the Castro family dinasty is next!
I smell freedom in the air...........
double fo. LOL.
You guys crack me up!
S.