No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveHonduras Thanks Chávez for Oil Offer

Honduras Thanks Chávez for Oil Offer

TEGUCIGALPA – Honduran President Manuel Zelaya this week thanked the Venezuelan government of Hugo Chávez for its show “of good will to come and help Honduras with our energy problems.”

Chávez, for his part, applauded Zelaya for having the “courage” to publicly thank Venezuela for its offers to help Central America and the Caribbean, during a time when the government of the United States is becoming increasingly critical of Chávez’s influence in the region.

Zelaya explained that his government has opened an international bidding process to purchase the oil at the best possible price, and has invited Venezuela to make an offer.

However, the announcement of a possible energy accord between Honduras and Venezuela has generated some misgivings in some sectors that fear political repercussions for the country.

Zelaya is attempting to assure his constituents that there would be no political fallout.

“The sovereignty of Honduras is not for sale, not for oil or for any other type of aid,” the President said. “And if it becomes convenient for Honduras to buy oil on conditions better than those offered by Venezuela, don’t doubt that we’ll do it.”

Venezuela has sold crude oil under preferential payment plans to several countries in the region under the San José Pact of 1980.

However, recent offers to sell oil to El Salvador and Nicaragua has raised suspicions that Chávez is using his country’s product as a way to buy political influence in other countries, especially in Nicaragua, where the Venezuelan President has already come out backing Sandinista candidate Daniel Ortega in an election year.

Trending Now

Panama Canal May Restrict Ship Traffic as El Niño Worsens

Panama Canal administrator Ilya Espino de Marotta says further cuts to daily ship transits remain possible as El Niño worsens drought and strains water supplies.

IMF Agrees to Unlock $140 Million for El Salvador After Bitcoin Reforms

The International Monetary Fund (IMF) announced that it had reached an agreement with El Salvador that could unlock a $140 million loan disbursement, after...

Costa Rica’s Two Biggest Soccer Clubs Meet Saturday Night in Alajuela

Costa Rica's two most popular soccer clubs, Alajuelense and Saprissa, play each other Saturday night in Alajuela. Kickoff is at 8 p.m. at the...

Costa Rica Expects Major Cruise Tourism Jump in Puntarenas

Costa Rica expects around 150,000 cruise passengers to arrive in Puntarenas during the 2026–2027 season, a sharp increase that could bring more business to...

Costa Rica Immigration Worker Arrested in Residency Scheme

An employee of Costa Rica's immigration agency was arrested this morning on suspicion of manipulating official records to push through a residency card renewal...

Costa Rica Supreme Court Considers Changes After Judicial Corruption Cases

Costa Rica’s Supreme Court has ordered a review of the rules judges use to determine whether suspects remain in jail or are released under restrictions as organized crime and corruption cases put new pressure on the justice system

Tropical Wave 41 Crosses Costa Rica With Afternoon Storms and 75 km/h Gusts

Tropical wave No. 41 moved into Costa Rica before dawn today, and the part that matters for the rest of your day arrives after...

Rare Blue Octopus Returns to Galápagos as a Newly Identified Species

The rare blue octopus that surprised scientists has returned to the Galápagos Islands. The specimen, about the size of a golf ball, will be...

El Niño Drought Could Leave 16 Million Without Enough Food in Latin America

Drought caused by the El Niño climate phenomenon could leave 16 million people in Latin America without enough food, the regional director of the...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel