Wednesday, January 22, 2020

Antigua and Barbuda denies PetroCaribe suspension

CMC:– ST JOHN’S – The Gaston Browne led administration has dispelled as “fake news” a report that Venezuela will be discontinuing the sale of petroleum products under the PetroCaribe agreement with Venezuela.

According to a government statement following Wednesday’s Cabinet meeting, the board of PetroCaribe said the state owned oil and natural gas company, Petróleos de Venezuela (PDVSA) is not ending and will not discontinue its special sale of petroleum products.

According to the board the “fake news identified those eight OAS (Organisation of American States) member states that did not support a resolution to discontinue Venezuela’s membership in the OAS, and which member-states are also recipients of the Petro Caribe Agreement”.

The statement added quoted the Petro Caribe Board as saying “a writing will be forthcoming pointing out the fakeness of the story”.

The eight countries identified in the report are Antigua and Barbuda, Belize, Dominica, El Salvador, Haiti, Nicaragua, St Vincent and the Grenadines and St Kitts and Nevis.

Meanwhile, the West Indies Oil Company (WIOC) has also dismissed report of the suspension of oil shipments to eight countries in the Petro Caribe arrangement, including Antigua and Barbuda, adding that it has received no such notification.

WICO stated that even if shipments were suspended, it is not reliant on fuel supplies from PDVSA for the petroleum requirements of Antigua and Barbuda.

Under the Petrocaribe agreement, Venezuela sells petroleum to Central American and Caribbean nations on favourable terms.

TRENDING

Saint Lucia Records Second Fatal Road Accident For 2020

Mon Repos resident Theresa Jules died Wednesday morning following a collision between two vehicles at Micoud, law enforcement officials have confirmed. Videos of the aftermath...

Saint Lucia Experiences Total Power Shutdown

Saint Lucians woke up Tuesday to a total electrical system shutdown. The Saint Lucia Electricity Services Limited (LUCELEC) confirmed the shutdown and said the cause...

Female ‘Unresponsive’, Two Males Injured In Micoud Accident

A female was unresponsive and two male individuals were injured following a collision between two vehicles at Micoud, emergency officials say. The collision occurred about...

Man Stabs Brother During Family Squabble At Monchy

A family squabble at La Feuille, Monchy, resulted in a man being stabbed by his brother Tuesday morning, reports from the community say. The victim...
%d bloggers like this: