The word amongst employees of Pdvsa at the company’s Avenida Libertador HQ in Caracas is that:
*Polls commissioned by the government show President Hugo Chavez losing the 15 February referendum by a significant margin – “at least 10-15%,” according to the intra-company “correo del pueblo.” However, we have not confirmed this yet.
*Pdvsa has quietly informed ALL of the local companies it has contracted for non-oil projects (e.g. housing, schools and health care centers, etc.) that for the rest of this year “no hay real pa’ eso.” We have confirmed this independently.
*Pdvsa’s new “strategic allies” including Gazprom, LUKoil, CNPC, Sinopec, Belarusneft, etc. also have been informed that Pdvsa doesn’t expect to launch any of its planned new projects in 2009 and probably the first half of 2010. Also confirmed.