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Oil-Rich Venezuela Paralyzed by Gasoline Shortages

By: Sabrina Martín - @SabrinaMartinR - Mar 23, 2017, 2:32 pm
Widespread gas shortages have brought Venezuela to a standstill (
Widespread gas shortages have brought Venezuela to a standstill (Radio Fe y Alegria).

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Although Venezuela has 18 refineries throughout the world and six on its own soil, today most states face a shortage of gasoline that has led to long lines at gas stations around the country.

Venezuelans have spent hours in such lines, as they await a product that has been in short supply for several days in different cities across the country.

The morning of this Thursday, March 23, the country dawned partially paralyzed, as thousands of Venezuelans are unable to head to school or work.

“We are reinforcing our distribution in the center of the country to stabilize the fuel supply … Queues have been generated at some service stations in four states of the country, due to the delay in distribution of gasoline,” said the vice president of PDVSA, Ysmel Serrano.

Serrano said that he has “enough” gasoline produced at the refineries and that he will work overtime until he has stabilized the distribution. He called on the population to maintain calm and “not to believe the false rumors of sectors that seek to spread chaos in the country.”

The alleged “false rumors” have arisen in Venezuela because for several days numerous gas stations have remained closed, while the few who have fuel are the scene of lines that often exceed 50 cars.

Iván Freites, Fedepetrol’s trade union official, reported on his Twitter account: “Two tankers are already making their way through Caracas with two tankers with 600,000 barrels of 91 and 95 octane gasoline that came from Houston bought by PDVSA from Lukoil and Warren.”

According to the Reuters news agency, about a dozen oil tankers were waiting at PDVSA ports in Venezuela’s Caribbean Coast, waiting to supply the nation with gasoline, and other refined products.

Meanwhile, this is how Venezuela woke up this morning, as the situation appears to be growing increasingly desperate:

Source: La Patilla, El Nuevo Herald

Sabrina Martín Sabrina Martín

Sabrina Martín is a Venezuelan journalist, commentator, and editor based in Valencia with experience in corporate communication. Follow @SabrinaMartinR.

Cristina Kirchner Heads to Trial for Defrauding Argentine State

By: Sabrina Martín - @SabrinaMartinR - Mar 23, 2017, 1:31 pm
Former president Cristina Kirchner has been implicated for defrauding the Argentine state by billions (

Español Former Argentine president Cristina Kirchner will finally go to trial in the dollar futures market case. The trial was estimated to commence in the beginning of this year. The decision was made after prosecutor Eduardo Taiano requested that the ex-president go to trial to be prosecuted for the crime of "defrauding the public administration." Read More: Cristina Kirchner's Children Face the Music for Financial Crimes Read More: Argentine Judge Investigates Cristina Kirchner for Fabricating Evidence In the "dollar futures" case, there are 13 others who have also been indicted; including ex-officials at the Central Bank and the National Securities Commission. The accusations are for defrauding the Argentine state, as it was determined that the loss to the state for this operation was USD $17 billion. The prosecutor alleges that Kirchner and her then Minister of Economy committed a "massive fraud with public resources" and described the case as one of the "most important corruption cases" in the history of the country. In consideration of advancing to trial, the judge has alleged that Kirchner "made use of a power structure, in order to implement an operation that defrauded the public coffers." The case began with the massive sale of contracts, during the second half of 2015, at much lower values than those sold abroad. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1459522593195-0'); }); It will be the first time Cristina Kirchner faces legal charges of this nature. It is noteworthy that Kirchner is also being prosecuted for "illicit association" in a case that is investigating corruption in public works. In turn, she is just steps away from being prosecuted in the case known as Los Sauces S.A., which entails charges of money laundering and bribery, while yet another investigation is advancing into the Kirchner-owned firm Hotesur S.A. Kirchner, who was forced to step down in 2015 due to term limits, saw her successor Daniel Scioli narrowly defeated by center-right candidate Mauricio Macri in Argentina's last presidential elections. However, her party still maintains a strong presence in the Argentine Congress. Sources: TN, Clarín

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