JamaicaGazette.com

Venezuela

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  • and the Caribbean Disaster Emergency Response Agency, CDERA Special thanks to the Governments of: Trinidad and Tobago, Barbados, the Cayman Island, the United States, Brazil, Canada, China, Cuba, Japan, Spain and Venezuela.

  • We hope that ongoing discussions between the Energy Agencies of Venezuela and Trinidad could result in an early agreement to result in complementarity and that we can all enjoy harmonization of the benefits.

  • Venezuela

    Venezuela

    Our bilateral Agreement also provides for financing the expansion of the Petrojam Oil Refinery, and will attract a substantial Venezuelan equity investment.

  • August 20, 2022
  • I WOULD ALSO LIKE TO THANK BARBADOS FOR ITS OFFER OF ASSISTANCE AS WELL THE CAYMAN ISLANDS, CANADA, THE UNITED STATES, SPAIN AND VENEZUELA.

  • January 1, 2020
  • 12 years later, Venezuela is also now [the] subject of US sanctions, which create international banking and operating risks for Petrojam.

  • Venezuela

    Venezuela

    While we have been trying to negotiate an agreement to buy back, the urgency of the matter has increased, as geopolitical conditions related to Venezuela have not improved since the issuance of the US Executive Order in August 2017.

  • Venezuela

    Venezuela

    In November 2017, the matter was officially placed on the table with Venezuela, and alluded to in a statement to Parliament by our former minister of energy, who advised that the Government of Jamaica would have to take steps to safeguard the viability of our assets even as we acknowledge, value and appreciate the support provided to Jamaica and to the energy sector by Venezuela.

  • Venezuela

    Venezuela

    The circumstances increase the potential for it to become even more difficult for Petrojam to operate to make payments and use international banking services due solely to the ownership stake held by Venezuela.

  • Venezuela

    Venezuela

    Jamaica and Venezuela have had friendly relations going back to the 19th century, and diplomatic relations going back to the 1960s.

  • Venezuela

    Venezuela

    In August 2006 and February 2007, respectively, the Petroleum Corporation of Jamaica (PCJ) Petrojam Limited and PDV-Caribe a Venezuelan State agency entered into a joint venture agreement and an agreement to sell 49 per cent of PCJ's shares in Petrojam to PDV-Caribe.

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