Tags: LT | Venezuela | Energy

Venezuela Declares Emergency Amid Energy Crisis

Tuesday, 09 Feb 2010 01:32 PM

President Hugo Chavez has signed a decree declaring an energy emergency in Venezuela to facilitate his government's efforts to ease severe energy shortages.

Venezuela imposed electricity and water rationing in December to prevent a collapse of the electricity grid as severe drought drops water levels behind the Guri Dam to critical lows. The dam supplies most of Venezuela's electricity.

Energy Minister Ali Rodriguez says the government must accelerate plans to reduce energy consumption while boosting production.

Chavez signed the emergency decree Monday.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
Markets
President Hugo Chavez has signed a decree declaring an energy emergency in Venezuela to facilitate his government's efforts to ease severe energy shortages.Venezuela imposed electricity and water rationing in December to prevent a collapse of the electricity grid as severe...
LT,Venezuela,Energy
82
2010-32-09
Tuesday, 09 Feb 2010 01:32 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved