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941 billion bolivars Citgo dividends to fund Misión Ciencia

President of the Bolivarian Republic of Venezuela, Hugo Chávez Frías, instructed Energy and Petroleum Minister and President of PDVSA, Rafael Ramírez Cedeño, to give to Misión Ciencia 941 billion bolivars resulting from dividends obtained by PDVSA subsidiary in the United States, CITGO, calculated in 500 million dollars.

This instruction was given by president Chávez during its 247 Aló Presidente program, broadcasted on Sunday from Ciudad Guayana, Bolívar State, southern Venezuela. There, Venezuelan Head of State signed the document whereby Misión Ciencia was approved. Mission Ciencia is a government program aimed at spreading knowledge to foster endogenous development in Venezuela.  

Minister Ramírez, Minister of Basic Industries and Mining, and also CVG president, Víctor Álvarez, Minister of Planning and Development, Jorge Giordani, Minister of the Environment, Jackeline Farías, and Minister of Higher Education, Samuel Moncada, are members of the Presidential Committee, an organ chaired by Minister of Science and Technology, Yadira Córdova, and created to develop Misión Ciencia.

While giving details concerning Misión Ciencia, president Chávez highlighted the role PDVSA has as one of the strategic technological niches of the new government program. He also made known that the energy issue figures among the top 10 strategic guidelines of research considered within that program.

The Oil Sowing Plan is among the basic projects conceived within the pyramidal comprehensive strategy of this mission, which foresees the implementation of an Energy Study Center, within the second component of the program. This referred program includes the implementation of high complexity concentration of knowledge points aimed at increasing technical and scientific skills nationwide.

The Venezuelan Head of State emphasized that sovereignty exercises over oil and resources resulting from it, represents the driving force for the development of our nation because “if this Revolution would have not had control over basic industries, the oil price increase would have favored an elite and its international connections, not Venezuelan people.”

Then, Mr. Chávez underlined the importance of having CITGO –an enterprise earning 30 billion dollars a year- begun to yield dividends to Venezuela. “Last year, CITGO started to yield dividends for its first time. Venezuela had not received a penny from this enterprise for 20 years,” Chávez stated. He also said that CITGO and its assets belong a 100% to Venezuela; it cannot be considered an American enterprise as some voices have expressed.
Looking beyond
During Aló Presidente program, president Hugo Chávez stated that PDVSA has taken important steps to get involved into the feelings, needs, efforts and projects of Venezuelan people; and he also reminded every employee and management members of the state-owned company to go deep into their relation with all Venezuelans. 

As a result, Chávez made reference to the Endogenous Development Center of aloe production working in Anzoátegui State along with PDVSA activities in José Complex.

He also mentioned planned developments framed within the Mariscal de Ayacucho Industrial Gas Complex (CIGMA), in Güiria, Sucre State, Western Venezuela, where PDVSA has planned to build dwelling units for workers participating in activities being carried out as part of the gas project Delta – Caribe, one of those compressed within the Oil Sowing Plan.

“CIGMA construction schedule will require over 5,000 workers at its peak. It is mandatory to think of building dwelling units for those workers in order to avoid them living in lath made homes. Then, when works end, they will have a dignified home built by PDVSA for their own workers,” President Chávez said. 

Finally, Hugo Chávez pointed out that it is necessary to think about projects aimed at encouraging fishing and reactivating cocoa production, so workers of those zones do not abandon their natural production activities and it is avoid having them living in extreme poverty conditions, as it happened decades ago when oil big companies arrived in Venezuela.