Haiti under Préval cooperated diplomatically and fraternally with other nations in Latin America. Haiti's Latin American alliance provides the country with much of its needed aid. The slowly stabilizing country seemingly benefited in a rather solid economic partnership with Venezuela. The friendship between Venezuelan president Hugo Chávez and the Haitian president resulted in various economic agreements. Four power plants (a 40-megawatt, a 30-megawatt, and two 15-megawatts) are set to be built in Haiti. An oil refinery is also scheduled to be installed, with a production capacity of of oil per day. Venezuela's aid to Haiti is founded upon a historic act where the newly independent Haiti welcomed and tended to Simón Bolívar and provided military power to aid Bolivar's cause in liberating Latin America.