With the people of Paraguay still celebrating last Friday’s swearing-in of the new President and former “Bishop of the Poor” Fernando Lugo, a dozen new accords signed between that country and Venezuela are making the future look even brighter.
Presidents Chavez and Lugo (pictured at right, singing) signed 12 accords. One of them is designed to help Paraguay avoid energy shortages. The Venezuelan oil company PDVSA will send 23,500 gallons of oil per day to the small country in order to “guarantee the energy sovereignty of Paraguay.”
Also included in the deal is a one-time supply of diesel fuel — an amount of 440,476 barrels — to stave off shortages that are plaguing Paraguay.
Cooperation on energy issues in the Americas has been a top policy priority for the Chavez administration. As one of the world’s largest exporters of oil, Venezuela has been able to lend a hand to needy people in countries from Argentina to the U.S.