Latest: Caribbean

St Lucia gov't urged not to join Petrocaribe

Published: Thursday January 31, 2013 | 11:20 am Comments 0

St. Lucia’s Opposition Leader Stephenson King is urging the government not to join the Venezuelan oil initiative, PetroCaribe, saying it could bring the island into further debt.

He adds that it would not make much sense as the fuel is being sold at the very rate that the country is currently purchasing it from Trinidad or elsewhere.

Prime Minister Dr. Kenny Anthony, who recently attended a meeting in Caracas where the PetroCaribe initiative was discussed, said plans were announced to expand the programme.

Several Caribbean countries have so far benefited from an estimated US$800 million in investments through the programme.

Like our new Facebook page http://www.facebook.com/gleanerjamaica

Follow us on Twitter http://twitter.com/JamaicaGleaner

Share |

The comments on this page do not necessarily reflect the views of The Gleaner.
The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
blog comments powered by Disqus
Videos

Top Jobs

View all Jobs