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23

Hugo Chavez to Cut US OIl Deliveries After Exxom Mobil Move

"Bandits from Exxon Mobil, you will never again rob from us ... world-wide mafia ... that is Exxon Mobil"

Venezuelan President Hugo Chavez threatened Sunday to cut off oil deliveries to the United States if the Venezuelan assets will be kept frozen in a case brought by Exxon Mobil.

"Bandits from Exxon Mobil, you will never again rob from us ... world-wide mafia ... that is Exxon Mobil. It is one of the companies at the tip of imperialism's lance," ssaid Mr Chavez on his weekly TV program.

Neftegaz.RU reported back last week, that last week, Exxon Mobil obtained a court order freezing up to $12 billion of PDVSA's assets.

The judgment stems from Venezuela's June decision to take control of two projects it had entered into with Exxon, the world's largest publicly traded oil company.