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Just days before the inauguration of newly elected Paraguayan President, Fernando Lugo, bilateral cooperation with Venezuela makes its first concrete steps.
2008-08-07 21:05:05 - ASUNCION, Paraguay (AP) - Venezuela has sent 70 million liters (18.5 million gallons) of diesel fuel to support Paraguay's incoming president. Paraguay oil company director Alejandro Takahashi says the fuel is a goodwill gesture from Venezuelan President Hugo Chavez and will be part of the country's strategic reserves. Leftist and former Catholic bishop Fernando Lugo will be sworn in Aug. 15, ending 61 years of conservative rule. Paraguay faced shortages of diesel fuel two months ago that damaged agricultural production. The country does not produce oil and consumes 3 million liters (790,000 gallons) of diesel daily. Paraguay will only pay for what it uses of the US$70 million shipment, Takahashi said Thursday.
Related stories: Paraguayan newly elected President Fernando Lugo visits Venezuela (Updated), New Paraguay leader's first challenge: land reform
Most RecentMost Recommended Comments (1)
at 19:25 on August 7th, 2008
rahul, I like this story. It's good stuff.