Venezuela Cancels Haiti’s Debt, CITGO Ships 120 Tons of Aid, and ALBA’s Humanitarian Fund

Posted on January 26, 2010



From the Venezuelan embassy in the US

Venezuela Cancels Haiti’s Debt

The President of the Bolivarian Republic of Venezuela, Hugo Chavez announced on Monday, January 25, that the Venezuelan government will forgive any Venezuelan debts  held by Haiti.

During a meeting of the Political Council of the Bolivarian Alliance for the Peoples of Our America (ALBA), the Venezuelan president said that in view of the tragedy suffered by the Caribbean nation, its debt will be not only be forgiven, but the Venezuelan oil supply to the country will continue.

President Chavez Proposes ALBA countries to Create Humanitarian Fund for Haiti

Likewise, the Venezuelan head of state proposed the creation of a $100 million Humanitarian Fund to strengthen the aid offered by the ALBA countries to Haiti.

President Chavez explained that the fund will be financed by the governments, peoples and companies that integrate the Latin American organization. 


CITGO Starts Shipment of 120 tons of Humanitarian Aid to Haití

As a complement to the Venezuelan Aid

Miami, Jan. 22, 2010 — CITGO Petroleum Corporation, and its charitable organization, the Simón Bolívar Foundation, have started the shipment to Port-Au-Prince of 120 tons of humanitarian aid, in coordination with the Embassies of the Bolivarian Republic of Venezuela and the Republic of Haiti in the United States.  This effort complements the contributions of the Venezuelan people through their government, led by President Hugo Chávez, with the goal of alleviating the suffering of the thousands of people left homeless following the earthquake that struck the Caribbean nation on Jan. 12.

“In alignment with the solidarity principle of our shareholder, PDVSA, the national oil company of the Bolivarian Republic of Venezuela, we at CITGO are working very hard to offer additional assistance to the Haitian people at this time of need.  Because of this, I am very pleased to witness today the sendoff of this first 20-ton shipment, out of 120-tons of aid to be shipped to Port-A-Prince,” said Alejandro Granado, president and CEO of CITGO, an affiliate of PDVSA.

The high ranking oil executive explained that CITGO allocated one million dollars for the purchase of aid to Haiti which will help between 8,000 and 10,000 people.  The funds were invested in the purchase of tents, cots, and non battery-operated AM/FM radios, which recharge using a manual system, as required by the Embassy of the Republic of Haiti in the United States.

Additionally, CITGO is conducting a fund-raising campaign, aimed at increasing the help to the people of Haiti.  This campaign involves CITGO’s 3,600 employees and more than a thousand energy companies, suppliers, marketers and owners of CITGO branded service stations, as well as non-governmental/non-profit organizations, especially those with which CITGO is partnering in different social development initiatives.  Furthermore, the Simón Bolívar Foundation is also matching dollar-for-dollar, up to $600,000 in monetary donations by CITGO employees, which could add $1.2 million to the total aid being provided.

“Not only are we shipping aid items to Port-Au-Prince, we are also sending CITGO representatives to accompany a member of the Venezuelan embassy in the United States, in order to guarantee the arrival and distribution of the aid among the Haitian population, in support of the Haitian authorities and the Simón Bolívar International Brigade, sent by the Bolivarian Republic of Venezuela,” Granado said.

During the preparations to send this first shipment, the CITGO president was accompanied by the Minister Counselor of the Embassy of the Bolivarian Republic of Venezuela in the United States, Ángelo Rivero.

“Venezuela in good part owes its independence to Haiti, and because of this, as President Hugo Chávez has pointed out, we will continue to do everything we can to help this sister nation recover from this tragedy,” Rivero said.

CITGO, based in Houston, is a refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products.  The company is owned by PDV America, Inc., an indirect wholly owned subsidiary of Petróleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela.

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CITGO Petroleum Corporation / January 22, 2010