Spanish:

Bolivia


Venezuela

Trinidad
&
Caribbean








Very usefull links




 

 

Repsol YPF has not exported oil from Bolivia without authorization- spokesman




By Elio Ohep
Petroleumworld
Caracas
Petroleumworld.com 02 10 06

Repsol YPF said it has not exported oil from Bolivia without authorization, denying accusations by Jorge Alvarado Bolivia's oil company YPFB, published in Wednesday, El Mundo daily newspaper( Spain).

El Mundo said that Repsol YPF falsified documents to export 160,000 bbl of Bolivian crude into Argentina and Chile over 2004-2005, to avoid paying taxes.

Repsol, in a statement, denied the smuggling charges and said any crude it exported from Bolivia over the period was "fully documented."

'We deny the accusations,' a Repsol YPF spokesman said

He said that Repsol YPF's activities in Bolivia are carried out 'with complete transparency,' adding that 'the Bolivian government is permanently informed.'

'All of Repsol YPF's (oil) exports were verified and stamped by the custom authorities,' he noted.

Meanwhile, foreign oil companies operating in Bolivia, dismissed charges made by Bolivia's President Evo Morales on Monday that they are "conspiring" against the Bolivian government.

Monday said Monday that he has learned from his military and political advisers of a "conspiracy" among certain oil majors to topple his government.

But the oil companies flatly denied any involvement .

"In no way have companies been involved in plotting against this
government," Bolivia's Hydrocarbons Chamber, representing about 100 private
companies in the country's oil and gas sector, said in a statement late
Wednesday.

"The Chamber is concerned about these statements." the statement said.

Morales, who took office last month, is moving to nationalize Bolivia's estimated 48 Tcf of gas reserves and increasing royalties, taxes and eliminating any tax loopholes.

Morales, campaigned to nationalization the Bolivian hydrocarbons industry.

 

- Elio Ohep, editor@petroleumworld.com, 58 412 996 3730, Caracas.

Petroleumworld 02 09 06

Copyright © 2006 Petroleumworld. All rights reserved


 

Send this story to a friend

Your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

Any question or suggestions, please write to:
editor@petroleumworld.com





Best Viewed with IE 5.01+
Windows NT 4.0, '95, '98 and ME +/ 800x600 pixels

 


Contact:
editor@petroleumworld.com/phones:(58 412) 996 3730 or 952 5301
www.petroleumworld.com-Editor:Elio Ohep /
Publisher-Producer:Elio Ohep.
Contact Email:
editor@petroleumworld.com
Legal Information. CopyRight © 2002, Elio Ohep.- All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.