tag:blogger.com,1999:blog-4080946.post7188867367376653056..comments2024-03-26T00:37:34.943+01:00Comments on Venezuela News And Views: Patente de corso para ChavezDanielhttp://www.blogger.com/profile/12128609182544333477noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-4080946.post-71476685600970198962012-01-03T20:44:06.323+01:002012-01-03T20:44:06.323+01:00Miguel
If memory serves me well at the time of th...Miguel<br /><br />If memory serves me well at the time of these contracts oil was already above 30. Otherwise they would not have signed. There is also taxes on "unexpected windfalls" covering pretty much any oil price. <br /><br />So yes, on paper maybe PDVSA is ahead (for now) but since they cannot run the show they will have to pay expensive service contracts. When everything is said and done I wonder if the putative gains will have been worth the image of the country.Danielhttps://www.blogger.com/profile/12128609182544333477noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-1026273003984079422012-01-03T20:37:26.993+01:002012-01-03T20:37:26.993+01:00Cochonette en feu
Again thanks. Somebody gets me...Cochonette en feu<br /><br />Again thanks. Somebody gets me :)Danielhttps://www.blogger.com/profile/12128609182544333477noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-3770214775099845092012-01-03T16:43:45.215+01:002012-01-03T16:43:45.215+01:00Kepler and whoever it may concern:
The essence o...Kepler and whoever it may concern:<br /><br /><br />The essence of what is important is embedded in Daniel's question:<br /><br />"¿Sera que nos alegraremos que Venezuela vaya a pagar menos por las fechorías de Hugo? "<br /><br /><br />The arbitration ruled that there definitely was a breach of contract by Chavez.That is the main point and not the amount awarded.<br /><br />Changing contracts with others at will is how Chavez runs his government and what he is constantly doing to the Venezuelan people themselves.<br /><br />As long as we don't understand that this moral issue is at the bottom of improving Venezuela or not, everything else is secondary.firepigettehttps://www.blogger.com/profile/17348890269608169297noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-13390208596374111852012-01-03T15:29:01.665+01:002012-01-03T15:29:01.665+01:00It did not cost that much to nationalize the oil i...It did not cost that much to nationalize the oil industry, most concessions were expiring.The negotiated value was like US$ 300 million.<br /><br />Of course it is worth it. This project generates in earnings US$ hundreds of millions per year. Cerro Negro is 100,000 barrels at $100 per barrel, that is like 3.5 billion per year with large margins (60-70%?).<br /><br />These projects were iffy with oil at US$ 10-20, that was the risk then. Buying them on the cheap is a terribly good business for Venezuela, even if they mismanage the project.Miguelhttps://www.blogger.com/profile/09531734875286475335noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-83888664363164336142012-01-03T06:50:38.918+01:002012-01-03T06:50:38.918+01:00That's depends Daniel. When CAP Nationalized t...That's depends Daniel. When CAP Nationalized the oil, it costed a lot of money to the country, but, in the end, it was worth it.<br /><br />The question here is if we will have our money's worth or not. That is an open question. If Venezuela is able to get more money with the new forced deal, that's OK. If not, the gamble was lost.<br /><br />So far, the gamble has costed Venezuela a lot less than what was supposed to cost. So I don't really get your point here.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4080946.post-29719178906563894372012-01-03T05:23:43.983+01:002012-01-03T05:23:43.983+01:00cochonette en feu
thank you for pointing the obvi...cochonette en feu<br /><br />thank you for pointing the obvious. <br /><br />to which i may add that even 1 USD is too much to pay since if Chavez were not breaking contracts at will we would not be in such quandaries. <br /><br />thusly, are we to understand that not only we are supposed to be happy that Venezuela is not going to be paying that much, but in addition we should congratulate Chavez for managing to not pay that much?Danielhttps://www.blogger.com/profile/12128609182544333477noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-25365835871093975132012-01-02T21:18:16.275+01:002012-01-02T21:18:16.275+01:00Bien dicho, Daniel. No puedo dejar de desearte lo ...Bien dicho, Daniel. No puedo dejar de desearte lo mejor del mundo, muchos éxitos y prosperidad en este nuevo año a pesar de la rabieta que tienes. Y agradecerte todos los dias tus posts; no me puedo dormir sin leerte. Impecables tus análisis. Gracias, gracias.<br />MercedesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4080946.post-80268092733293848032012-01-02T19:39:21.081+01:002012-01-02T19:39:21.081+01:00Kepler, Could you explain what you are talking abo...Kepler, Could you explain what you are talking about?<br />Where did Daniel say that in this article?firepigettehttps://www.blogger.com/profile/17348890269608169297noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-12763311720918579012012-01-02T15:35:44.493+01:002012-01-02T15:35:44.493+01:00Well, here I disagree with you. As much as I find ...Well, here I disagree with you. As much as I find Chavismo disgusting, the one who will have to pay is the people. For you it seems any means is acceptable to win over Chávez. That's sad, Daniel. <br /><br />If we are going to win Chávez, it will have to be with the force of our arguments addressed to the +-38% of non-voters and to the Chavistas light, not with expecting further misery to fall on Venezuela.Keplerhttps://www.blogger.com/profile/11125538872924743270noreply@blogger.com