THE HAGUE: Incoming Dutch prime minister Rob Jetten on Friday ruled out talks with Russia over the war in Ukraine, as he unveiled a new government program including firm support for Ukraine.
Speaking to AFP after publishing his governing manifesto, the 38-year-old said he would not speak to Moscow as there were currently “no indications” Russia wanted to end the war in Ukraine.
“And as long as the aggression continues, we will continue our support for the Ukrainian people,” he said.
The 79-page manifesto, hammered out after weeks of tough talks between Jetten and his two coalition partners, pledged no let-up in Dutch support for Kyiv.
“The fight in Ukraine is about the security of the whole of Europe,” said the document entitled “Getting to Work.”
“So we are continuing our own multi-year financial and military support and we will continue to argue for the use of frozen Russian assets,” the manifesto said.
The new administration also pledged to anchor in law the NATO defense spending minimum of 3.5 percent of economic output pushed by US President Donald Trump.
Asked about relations with the United States following an unseemly spat between Washington and Europe over Greenland, Jetten called for more European independence.
“I’m a little bit worried that people in Europe are mainly complaining about what’s happening in the US,” Jetten said.
“We should be having a much stronger debate about what can Europe do for itself,” he added.
Jetten, from the centrist D66 party, will now form a cabinet, aiming to be sworn in by mid-February.
He is on course to become the youngest leader of the European Union’s fifth-largest economy and the first to be openly gay.
Jetten led his party to a stunning election victory in October, narrowly defeating the far-right Freedom Party headed by firebrand anti-Islam politician Geert Wilders.
The fragmented nature of the Dutch political system means lengthy coalition haggling follows an election.
Jetten finally clinched a deal with two center-right parties but will not enjoy a majority in parliament, meaning the government will need the support of other parties to pass legislation.
Dutch PM-elect Jetten says not yet time to talk to Putin
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Dutch PM-elect Jetten says not yet time to talk to Putin
- “And as long as the aggression continues, we will continue our support for the Ukrainian people,” Jetten said
- The 79-page manifesto pledged no let-up in Dutch support for Kyiv
US allows oil majors to broadly operate in Venezuela, new energy investments
- Treasury Department issues general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela
- Move is the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro
WASHINGTON: The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow global energy companies to operate oil and gas projects in the OPEC member and for other companies to negotiate contracts to bring in fresh investments. The move was the most significant relaxation of sanctions on Venezuela since US forces captured and removed President Nicolas Maduro last month.
The Treasury Department’s Office of Foreign Assets Control issued a general license allowing Chevron, BP, Eni, Shell and Repsol to operate oil and gas operations in Venezuela. Those companies still have offices in the country and stakes in projects, and are among the main partners of state-run company PDVSA.
The authorization for the oil majors’ operations requires payments for royalties and Venezuelan taxes to go through the US-controlled Foreign Government Deposit Fund.
The other license allows companies around the world to enter contracts with PDVSA for new investments in Venezuelan oil and gas. The contracts are contingent on separate permits from OFAC.
The authorization does not allow transactions with companies in Russia, Iran, or China or entities owned or controlled by joint ventures with people in those countries.
The licenses “invite American and other aligned companies to play a constructive role in supporting economic recovery and responsible investment, ” the US State Department said in a release. Additional authorizations may be issued “as necessary,” it said.
A spokesperson for Chevron, the only US oil firm currently operating in Venezuela, said the company welcomed the new licenses.
“The new General Licenses, coupled with recent changes in Venezuela’s Hydrocarbons Law, are important steps toward enabling the further development of Venezuela’s resources for its people and for advancing regional energy security,” the spokesperson said in a statement.
Eni said it is assessing the opportunities in Venezuela that the authorization opens up.
Oil law reform
The US licenses follow a sweeping reform of Venezuela’s main oil law approved last month, which grants autonomy for foreign oil and gas producers to operate, export and cash sale proceeds under existing joint ventures with PDVSA or through a new production-sharing contract model.
The US has had sanctions on Venezuela since 2019 when President Donald Trump imposed them during his first administration. Trump is now seeking $100 billion in investments by energy companies in Venezuela’s oil and gas sector. US Energy Secretary Chris Wright said on Thursday, during his second day of a trip to Venezuela, that oil sales from the country since Maduro’s capture have hit $1 billion and would hit another $5 billion in months.
Wright said the US will control the proceeds from the sales until Venezuela stands up a “representative government.” Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of US goods, technology, software or services for the exploration, development or production of oil and gas in Venezuela.
The Venezuelan government expropriated assets of Exxon Mobil and ConocoPhillips in 2007 under then-President Hugo Chavez. The Trump administration is trying to get those companies to invest in Venezuela as well. At a meeting at the White House with Trump last month, Exxon Mobil CEO Darren Woods said Venezuela was “uninvestable” at the moment.
Wright said on Thursday that Exxon, which no longer has an office in Venezuela, is in talks with the government there and gathering data about the oil sector. Exxon did not immediately comment.
