Tag: low priced oil

• Friday, June 28th 2013 - 12:26 UTC

  Petrocaribe: Central America and the Caribbean’s Energy Dilemma

  

  In the eve of the Managua summit which will focus on creating a new Economic Zone, Petrocaribe, the late Venezuelan president Hugo Chavez’s oil treaty, continues to play a vital role in the economic development of its 18 member states from the Central America and Caribbean region. But given the current political and economic climate in Venezuela, the question remains if Petrocaribe’s cheap oil is sustainable?