Wirth warned that if the company stops extracting raw in Venezuela, this will bring deep implications for national security and energy security.
Mike Wirth, executive president of the American oil company Chevron, expressed Sunday against Washington’s decision that the company stops operating in Venezuela once the license issued by the former president of the USA Joe Biden that allowed the company to operate in the Latin American country expires, collect Fox News.
Chevron, who only has permission to export Venezuelan oil to the United States, has been under pressure from Donald Trump’s administration to stop extractions in the Bolivarian nation. However, Wirth says he disagrees with the measure, due to his concerns about energy security and the “growing influence of China” in the West.
“We have seen this same method in Africa, in Latin America and in Central Asia. And China has created a stronger presence and influence […] through the use of their economic assets and their position to do so, ”said Wirth.
Wirth warned that if the company stops extracting raw in Venezuela, this will bring deep implications for national security and energy security. “The refineries of the Gulf Coast [de México] It is designed for this specific type of oil, so it is very important for energy security “of the North American country,” the changes in the norms mean that oil will now not flow to the US, which will make us less safe, “he said.
Wirth also pointed out that China is currently the largest Venezuelan oil buyer, stressing that “very recently”, officials of the Venezuelan government have been in China “encouraging” the Asian giant to “buy more”, so if Chevron stops their operations, it would be created “a void that Chinese and Russian companies could fill.”
“We are the only American company that remains on the Venezuelan land […] If we were, as others have done, oil production will continue and US companies will be replaced by companies from other countries, and historically have been Chinese, Russian and others that are not necessarily the US interest of the US see in our hemisphere, ”he emphasized.
On February 26, Donald Trump advertisement The end of oil concessions to Venezuela that will implement its predecessor, alleging an alleged breach of “electoral conditions.” Subsequently, the Foreign Assets Control Office (OFAC) authorized Chevron’s operation in Venezuelan territory until May 27, 2025.
A month later, the Republican leader advertisement The imposition of a 25 % tariff on any trade with the US made by nations that buy Venezuelan oil or gas, starting next April 2. The president said that the measure responds to the “hostility” of Caracas towards his country.
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