Venezuela Rejects
Colombia's Electricity Offer
CARACAS - Venezuelan Vice President Elias
Jaua on Monday brushed aside a Colombian
electricity supply offer by saying that his
country will solve its own energy problem by
May.
The vice president made the remarks while
inaugurating a 20-megawatt thermal power
plant north of Caracas.
"We are going to continue working and
speeding up the works for Venezuela to have
its own independent energy sources in the
Guri Dam," Jaua said.
The vice president said that the reason
behind Venezuela's refusal of Colombia's
offer is the high price.
Colombia on Monday made its offer through
its Mines and Energy Minister Hernan
Martinez.
Venezuela has been facing an electricity
supply crisis since 2008.According to
official forecasts, the problem will worsen
in May, when the tropical summer begins, due
to the low water levels at the Guri Dam.
Venezuelan President Hugo Chavez urged on
Feb. 9 to speed up investment and
construction of an electricity emergency
campaign to prevent an electricity supply
collapse in mid-April.
The president has authorized an investment
of 4 billion U.S. dollars to generate 4,007
megawatts of electricity in 2010.
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