Foreign Minister Believes in Petrocaribe

The President of the Republic, Porfirio Lobo Sosa, began yesterday with a series of meetings to discuss the current situation of the country and what is expected for this new year. At the first Council of Ministers Meeting for 2012, the Minister for the Office of Foreign Affairs, Arturo Corrales, voiced his opinion that Petrocaribe […]

Zelaya to Head Petrocarib Energy Consortium

Manuel Zelaya is going to bat for Venezuela. He will be playing a new role this time: leading an energy consortium which plans to allow poorer Caribbean and Central American nations to buy oil from Venezuela on preferential terms. Venezuelan President Hugo Chavez offered the role to Zelaya. Manuel Zelaya Rosales told the Venezuelan state […]

Petrocaribe Meets in Honduras Next Week

Representatives of Petrocaribe, a Venezuelan-led oil consortium that offers preferential financial terms on crude oil to signatory nations, will discuss in Honduras the possible uses of USD 450 million they will receive every year to revitalize their production systems, the Venezuelan official news agency Agencia Bolivariana de Noticias said. Agriculture ministers from the nations benefiting […]