The Venezuelan government began the transfer process on Friday to control goods and services of the oil industry with a special vent in Maracaibo Lake, west of the country, the biggest and richest on oil beds from Latin America, Xinhua reported.
Venezuelan President Hugo Chavez, together with members of his executive cabinet, chaired the event held in Maracaibo, located in Lagunillas municipality of Zulia state.
The event was broadcast on radio and television, with the presence of workers aboard the ships, who waved Venezuelan flags and sang the national anthem.
Chavez said "the workers could be the vanguard on the construction of Socialism and this is a historical event."
This event was a result of the approval of the Organic Law, which reserves for the State the goods and services related to the exploitation of main hydrocarbons. The law was approved on Thursday by the National Assembly (AN) and signed on Thursday night by Chavez.
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