Cuba Censures U.S. Government for ExxonMobil's Actions
Less than a week after Fidel Castro passes power to his younger brother Raul, the Cuban newspaper Granma is reporting that the Cuban Foreign Minister Felipe Raul Roque "condemns the political, economic, and media aggression orchestrated by the U.S. government against" Venezuela.
ExxonMobil moved to have $12 billion of Venezuelan assets frozen when Venezuela attempted to nationalize its oil and gas assets. Cuba has claimed that ExxonMobil is acting on behalf of the U.S. government to undermine Venezuela's rights as a sovereign entity.
"The right of governments to nationalize natural resources is a principle recognized and defended by the international community and has been recorded in important international documents such as the Charter of Economic Rights and Duties of States, approved by the UN General Assembly in its Resolution 3281 (XXIX) of December 12, 1974," Roque commented to the press.
"Cuba reiterates its firm support and solidarity with the sister people of Venezuela and the government of President Hugo Chavez while at the same time demanding respect for sovereign decisions made by that country," Roque added.
ConocoPhillips, which chose to pursue an "amicable" transition to facilitate the nationalization of Venezuelan assets, reported Feb. 22 that the outcome of their action with Venezuela "may take years."
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Operates 16 Offshore Rigs
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Company: ConocoPhillips more info
Operates 12 Offshore Rigs
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Company: PDVSA more info
Operates 14 Offshore Rigs
Manages 26 Offshore Rigs
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