PetroCaribe oil agreement remains beneficial
May 13, 2013
ST. JOHN’S, Antigua, CMC – The Government of Antigua and Barbuda has announced that it will continue to benefit from the PetroCaribe agreement.
According to a Government statement, at the recently concluded 9th Ministerial Meeting of PetroCaribe and the Summit of Heads Venezuelan it was agreed that the PetroCaribe programme will continue in its current form .
“Participating countries also agreed to a Memorandum of Understanding that outlines the terms and conditions which will enable the parties to assess jointly the proposals forthe establishment of a PetroCaribe Economic Zone" the statement said.
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