Reply #16: Add to that India, Russia, and much of South America and the Caribbean

[Say_What]

and of course Petrosur, which Chavez spoke about yesterday at the inauguraton in Montevideo:

...""Petrosur is moving forward: a company that is national, South American and powerful with government to government sales which can save us 15% of cost because it will eliminate middlemen”, emphasized Mr. Chavez who has repeatedly expressed his interest in diversifying markets for Venezuelan crude, preferably to Latin America and China. "Venezuela has spent 100 years selling oil to the north, but never to the south, and that is now going to change"."



http://www.mercopress.com/Detalle.asp?NUM=5198&Palabra=venezuela

http://www.reuters.com/newsArticle.jhtml?storyID=7783368&type=businessNews

http://en.rian.ru/rian/index.cfm?prd_id=160&msg_id=5448411&startrow=1&date=2005-03-02&do_alert=0