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Venezuela will expand its discounted oil program to the US

Petroleumworld
CARACAS
Petroleumworld.com 04 27 06

Venezuela will expand its discounted venezuela's oil subsidiary Houston-based Citgo Petroleum oil program next winter, AP reported

Some Republicans have complained the oil program is more about scoring political points than charity for Chavez.

Democratic Congressman William Delahunt of Massachusetts says Chavez agreed to make more cheaper oil available to the poor of Massachusetts during a two-hour meeting yesterday in Venezuela.

Chavez also agreed to steer aid toward redeveloping poor U-S neighborhoods and similar projects as part of a new social fund.

The Citgo discount heating oil programs last winter were in effect in Massachusetts, New York, Maine, Rhode Island, Vermont, Connecticut, Delaware and the Philadelphia area.

Citgo is a subsidiary of Venezuela's state-owned oil company.

Petroleumworld 04 25 06 2044 GMT

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