Venezuela: a Hidden Oil Gem

Venezuela: A Hidden Oil Gem? Venezuela has many expatriation ports due to its geographical advantage of being located on the Caribbean Sea side of South America. Its location has easy get to to North America and the Atlantic Ocean making nerve pathway out a huge part of their economy. Venezuela lately, as of 2010, subscribe an bargain with Syria to supply 20,000 (or more) barrels of low-sulfur diesel a day. Syrian prexy Bashar Al-Assad and Venezuelan President Hugo Chavez be mutual friends. Chavez to a fault has ties to Iranian leader Mahmoud Ahmadinejad and former Libyan leader Muammar Gaddafi. Chavezs ties with these center Eastern countries, has created a rift in the western orbits leaders outlook on Chavez and Venezuela as a whole. N unmatchabletheless, Venezuela is supplying Syria during these crucial times with an extremely wide-ranging numerate of crude oil color because of frequent armed services activity. Syria has been to a lower place attack recently an d request the oil even though they are a large exporter of crude oil. The extra military demand and the facts that the pipelines and new(prenominal) oil facilities were targets of attacks are the main culprits creating this exceptional demand.

The major sell in all of this is not that Venezuelas state-run oil ships company is making these shipments illegally it is where they are going that is the problem. Syrias state-run oil company Sytrol, which handles all of its countries imported and exported oil, is currently blacklisted by not only the United States but the European man and wife as well. As of right now there are no such embarg os on fuel supply to Syria. every last(pred! icate) in all, I can see where Venezuela is coming from. They cut an chance to make money and trade oil with Syria when they need it urgently and I dont blame them one bit.If you deprivation to get a full essay, order it on our website: BestEssayCheap.com

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