August 29, 2008
CARACAS -- Venezuela's PDVSA state-run oil company plans to hire 2,000 truckers and mechanics currently employed by private companies that will disappear when the government nationalizes wholesale fuel distribution.
Employees working for 200 distribution companies are concerned they could lose their jobs under the nationalization plan being drafted by lawmakers loyal to President Hugo Chávez.
But Rafael Ramírez, president of Petroleos de Venezuela SA, said Thursday they will be hired by the state oil company.
Under the proposed bill, fuel distributors would have 60 days to negotiate the sale of their businesses or face expropriation.