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PetroCaribe

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  • It remains my hope that these discussions can be completed by the time the Special Meeting of PetroCaribe Heads is convened in Montego Bay on September 6th, as we commemorate the 190th Anniversary of Simon Bolivars Jamaican Letter, written from Kingston in 1815 to herald a new phase in the quest for sovereignty and independence within the Americas.

  • PetroCaribe

    PetroCaribe

    Between then and last Tuesday in Montego Bay, when President Chavez and I signed the first Bilateral Agreement to trigger the benefits which will flow from PetroCaribe, you would have heard a lot.

  • PetroCaribe

    PetroCaribe

    But I think it is my duty to outline to the nation, further to my statement in Parliament on July 27th, what the PetroCaribe Agreement really means.

  • PetroCaribe

    PetroCaribe

    The Petrocaribe initiative and the eye care facility must be viewed within the broader framework of public policies that are designed to achieve the vision of a prosperous Jamaica.

  • October 24, 2019
  • Opposition parties have stepped up their calls for Moise to step down in the wake of a damming report by the Superior Court of Accounts and Administrative Litigation (CSA/CA) into programmes and projects funded by the PetroCaribe, an oil alliance of many Caribbean states with Venezuela to purchase oil on conditions of preferential payment.

  • October 10, 2019
  • The country had seen a reduction in funds from PetroCaribe, a Venezuela-subsidised oil initiative, given the drop in oil prices, and international aid for recovery from the devastating 2010 earthquake was dwindling.

  • July 24, 2019
  • The Opposition parties here have accused Moise of embezzlement, but the head of state has defended himself against the report of the Superior Court of Accounts and Administrative Litigation (CSA/CA) into programmes and projects funded by the PetroCaribe, an oil alliance of many Caribbean states with Venezuela to purchase oil on conditions of preferential payment.

  • July 8, 2019
  • The Petroleum (Amendment) Act, 2019, which seeks to transfer the rights and obligations of the PetroCaribe Development Fund (PDF) to the Government of Jamaica, was passed in the Senate last Friday.

  • July 8, 2019
  • He noted that the inflows to Jamaica under the PetroCaribe Agreement have been negligible since financial year 2015/2016 and the prospects for any improvement in inflows appears to be unlikely given the clear outlook on Venezuela's economy and the sanctions that have been imposed by the United States and other Governments.

  • July 8, 2019
  • KINGSTON, Jamaica The Petroleum (Amendment) Act, 2019, which seeks to transfer the rights and obligations of the PetroCaribe Development Fund (PDF) to the Government of Jamaica, was passed in the Senate last Friday.

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