Venezuela Extends Energy
Security to PETROCARIBE
A highlight of the Third
Summit of the
PETROCARIBE Agreement,
currently in session in
Caracas, is the
Venezuelan proposal to
extend the influence of
the Energy Security
Treaty to country
members of the
mechanism.
During a recent tour
including Argentina,
Uruguay, Ecuador and
Bolivia, President Hugo
Chavez arranged these
nations joining of the
agreement, presented for
the first time on
occasion of the South
American Energy Summit
in Margarita Island,
Venezuela.
In opinion of Venezuelan
Oil Ministry, Rafael
Ramirez, this step would
promote the use of
renewable sources of
energy, technological
exchange and efficiency.
According to analysts,
such a move constitutes
a valid alternative in
the current
international scene,
where Chavez warned that
"a real energy crisis is
brewing." PETROCARIBE
groups Antigua and
Barbuda, Bahamas,
Belize, Cuba, Dominica,
Grenada, Guyana,
Jamaica, the Dominican
Republic, Saint Kitts
and Nevis, Saint Lucia,
Suriname, Saint Vincent
and the Grenadines and
Venezuela. |
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