Minister Ramírez denounces mass media campaign against PDVSA

The Minister of the People's Power for Energy and Petroleum and President of the Venezuelan state-owned oil company Petróleos de Venezuela (PDVSA), Rafael Ramírez, denounced a mass media campaign based on the ignorance to manipulate the Exxon Mobil case, in which the North American oil company informed about an alleged freezing of some PDVSA properties.

“I am worried that national mass media have such ignorance about this situation and the intention to manipulate it. I reject the sad and grotesque position of some national sectors that have a party going on supporting the interests of transnational companies”, he stated.

Furthermore, Ramírez was categorical denying the information campaign: “they are publishing that our company has 12 billion dollars in assets frozen, which is totally false”, he added.

Ramírez explained that there is not a final decision yet of the court against PDVSA, but just a preliminary or transitory measure while PDVSA presents its position defending the interests of the Republic.

“We are not going to be scared or move back in the sovereign decisions of our country regarding the use of our natural resources”, he stressed.

In addition, he pointed out that this situation “does not affect at all our cash flow nor the operations of the Industry that is running at 100%”.