Latitude: 9.9833333000 Longitude: -67.2000000000
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Corralito, Venezuela
Some random facts about Venezuela |
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| Location: | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
| Petroleum and Other Resources | Economic prospects remain highly dependent on oil prices and the export of petroleum. In 2005, the oil sector accounted for more than 25% of GDP, 90% of export earnings, and more than half of the central government's ordinary revenues. Venezuela remains the fourth-leading supplier of imported crude and refined petroleum products to the United States. The Venezuelan Government has sought more income from the petroleum sector. The first example was a unilateral decision in late 2004 to increase the royalty rate on production from the Orinoco heavy crude "strategic associations" with international oil companies from 1% to 16.67%. In the 1990s, the Government of Venezuela opened up much of the hydrocarbon sector to foreign investment, promoting multi-billion dollar investment in heavy oil production, reactivation of old fields, and investment in several petrochemical joint ventures. By the late 1990s almost 60 foreign companies representing 14 different countries participated in one or more aspects of Venezuela's oil sector. On November 13, 2001, under an enabling law authorized by the National Assembly, President Chavez enacted a new Hydrocarbons Law, which came into effect in January 2002. This law replaced the Hydrocarbons Law of 1943 and the Nationalization Law of 1975. Among other things, the new law provided that all oil production and distribution activities would be the domain of the Venezuelan state, with the exception of the joint ventures targeting extra-heavy crude oil production. Under the new law, private investors cannot own 50% or more of the capital stock in joint ventures involved in upstream activities. The new law also provided that private investors could own up to 100% of the capital stock in downstream ventures. A Gaseous Hydrocarbons law promulgated earlier by the Chávez government also allowed substantial participation by private investors with respect to gas production ventures. During the December 2002-February 2003 general strike, petroleum production and refining by PDVSA, the state-owned oil company, almost ceased. Despite the strike, these activities eventually were substantially restarted. Out of a total workforce of 45,000, over 20,000 PDVSA management and workers were subsequently dismissed because the government asserted they had abandoned their jobs during the strike. Current levels of production remain a subject of debate, with considerable difference between the levels cited by the Venezuelan Government and those cited by private sector and international observers. In early 2005, the government informed companies with operating service contracts for mature fields that they must migrate the contracts to joint ventures that conform to the 2001 Hydrocarbons Law. The government threatened to seize fields operating under the services contracts on December 31, 2005 if oil companies did not sign transition agreements to migrate their contracts. All but three companies ultimately signed joint venture agreements with the government. One company was bought out by its partner while the fields operated by two other companies were ultimately taken over by the government. One of these disputes was handled by negotiation while another company decided to take its case to international arbitration. In early 2007, President Chávez announced that the Venezuelan Government would take a majority government share in the remaining foreign investments in the oil sector, including the four heavy-oil "strategic associations." Several international oil companies agreed to migrate their interests to joint ventures with majority government ownership. Two U.S. companies decided to pull out of Venezuela--one is still in negotiations over compensation while the other has announced that it will seek international arbitration. |
| Military service age and obligation: | 18 years of age for compulsory and voluntary military service; conscript service obligation - 30 months; all citizens of military service age (between 18 and 50 years old) are obligated to register for military service (2007) |
| Government | Type: Federal Republic. Independence: July 5, 1811. Constitution: December 30, 1999. Branches: Executive--President (head of government and chief of state; 6-year term); Council of Ministers (cabinet, appointed by president). Legislative--unicameral Congress (5-year term). Judicial--32-member Supreme Court (elected by Congress; 12-year term). Electoral--National Electoral Council (elected by Congress; 7-year term). Citizen Power--Attorney General, Ombudsman, Comptroller General (elected by Congress; 7-year term). Subdivisions: 23 states, one federal district (Caracas), and one federal dependency (72 islands). Major political parties: United Socialist Party of Venezuela (PSUV), Fifth Republic Movement or Movimiento V Republica (MVR), Democratic Action or Accion Democratica (AD), Christian Democrats or Comite Organizador Politico por Elecciones Independientes (COPEI), Homeland for All or Patria Para Todos (PPT), Movement to Socialism or Movimiento al Socialismo (MAS), Radical Cause or La Causa R, First Justice or Primero Justicia, and the National Convergence or Convergencia. Suffrage: Universal, age 18 and over. Principal government officials: See listing under History and Political Conditions section. |
| Religions: | nominally Roman Catholic 96%, Protestant 2%, other 2% |
General information on CorralitoNorthern San Andreas Fault - View North on Eureka Canyon Road vivirama - cities in Aragua, Venezuela Bienvenidos a Seguros BanValor The Cascajal Block: Evidence of Early Olmec Writing? Camatagua / Camatagua, Aragua, Venezuela, South America |
Find a Job in CorralitoArgentina_Solidarity : Messages : 5254-5283 of 5443 cvfuturo.com - Búsqueda Simple de Candidatos |
Real Estate information for CorralitoCaracas, 3 de octubre de 2003 South America - Cojedes - MSN Encarta Military of Argentina |
School information for CorralitoFlowers Aragua Venezuela - Send Flowers to Venezuela - Aragua Venezuela ... www.tulane.edu/~libweb/RESTRICTED/WEEKLY/2002_1208.txt Argentina_Solidarity : Messages : 5254-5283 of 5443 |
Find a doctor in CorralitoArgentina_Solidarity : Messages : 5254-5283 of 5476En Venezuela, en Bolivia, en Ecuador y en los mismos Estados Unidos, los pueblos ... me can make their dream of being doctors come true and can devote ourselves to ... Escorpiones del Municipio El Hatillo - Wikipedia, la enciclopedia libreLa fauna de escorpiones de Venezuela en la actualidad esta alrededor de 110 ... de la cordillera de la costa en los estados Aragua, Miranda y Distrito Capital. ... Planilla de DatosAlojamiento ofrecido por el Grupo HispaVista HispaVista ... NO DEVOLVEMOS LLAMADAS NI ESCRIBIMOS POR MENSAJERIA DE TEXTO CELULAR. ... |
What is the weather like in Corralito?Argentina_Solidarity : Messages : 5254-5283 of 5443 Caracas, 3 de octubre de 2003 |
Hire some movers for your relocation to CorralitoCongreso de Historia Regional en Miranda - Venezuela ... bolívares en el valor de una acción del Banco de Venezuela ... alrededores de Caracas, o de los Estados Miranda, Aragua y ... se llegó a utilizar la energía eléctrica para mover ... Generación Y » La obstinada silla vacía ... jesusamo0@hotmail,com vivo en Maracay edo aragua Venezuela hace 9 ... tampoco . amigos argentinossu pais paso por el corralito ... en el cuello para que la persona no se pueda mover. Generación Y » La obstinada silla vacía ... jesusamo0@hotmail,com vivo en Maracay edo aragua Venezuela hace 9 ... tampoco . amigos argentinossu pais paso por el corralito ... en el cuello para que la persona no se pueda mover. REPORTEROS DIGITALES :: CIERRE TAMBIÉN A VENEZUELA" "Que se vayan a lavar ese paltó" ... No vamos a mover ni un solo soldado hacia la frontera* ... Confirmado El Corralito Confirman que en el accidente ha ... Verdades Amargas - Diciembre 2006 ... puntos básicos sobre la tasa LIBOR, mientras que países como Brasil, México y Venezuela ... ya habían sido restringidos a finales de 2001 mediante el denominado 'corralito ... |
Looking to rent in Corralito?Mattresses, Venezuela / Yellowpages-Caribbean.com South America - Cojedes - MSN Encarta Miembros de Canidra |
Find Lawyers practicing in Corralito?Fruits and Votes " 2006 "... del Licey of the Dominican Republic against the Leones de Caracas, Venezuela. ... going back to game 3 of the Venezuelan League Champion Series against Aragua. ... | |