Tags: LT | Venezuela | Energy

Venezuela Declares Emergency Amid Energy Crisis

Tuesday, 09 Feb 2010 01:32 PM

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

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 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
 
Email:
Country
Zip Code:
 
You May Also Like

Beef Prices Expected to Climb for Next 2 Years

Thursday, 09 Feb 2012 13:41 PM

Beef prices at the supermarket likely will rise for the next two years because of the smallest cattle herd in 60 years. . . .

NRC Approves First New Nuclear Reactors in 3 Decades

Thursday, 09 Feb 2012 13:07 PM

The nation's first new nuclear power plant in a generation won approval Thursday when federal regulators granted a licen . . .

US House Passes Bill against Congressional Insider Trading

Thursday, 09 Feb 2012 12:08 PM

The U.S. House of Representatives overwhelmingly passed on Thursday a bill to curb insider trading by lawmakers and othe . . .

Special Links

© Moneynews.com
All Rights Reserved