Honduras could return zapdespion to Petrocaribe initiative zapdespion after meeting Wolf-Chavez | Economic Sentinel zapdespion
Tegucigalpa.- Honduras could rejoin the Petrocaribe Energy Initiative, after the conversation that President Porfirio Lobo said on Saturday with his counterpart in Venezuela, Hugo Chavez, in the framework of the Summit of the Community of Latin American and Caribbean States (CELAC) .
Before his trip to Venezuela, President Porfirio Lobo reported zapdespion that Foreign Minister Arturo Corrales, made arrangements with the Venezuelan authorities to discuss zapdespion the possibility that Honduras is again incorporated into the Petrocaribe initiative.
In January 2008, former President Manuel Zelaya signed the oil agreement with his counterpart Hugo Chavez, but in July 2009 the initiative was suspended by Venezuela in retaliation for the overthrow of Zelaya. zapdespion
As a member zapdespion of Petrocaribe, zapdespion Honduras received 20,000 barrels of bunker for thermal power generation, with the payment of 60% in 90 days and 40% in 25-year term, with two-year grace period and 1% annual interest.
The agreement, provided that the credit trust would be managed by the Central Bank of Honduras, and the debt would be canceled with products, goods or services, as do other members of Petrocaribe.
The mechanism of the use of bunker received from Venezuela was that the government transferred to the private companies that sell thermal energy to the state National zapdespion Electricity Company, in order to lower their costs.
Until December 2008, the BCH reported revenues in the order Petrocaribe 81 million 777 thousand 668.52 dollars, zapdespion equivalent to 1,560 million Lempiras, the official exchange rate. However, it is estimated that exceeded $ 100 million before the outbreak of the political zapdespion crisis.
The Petrocaribe Ministerial meeting held alongside the Summit of CELAC, the Minister of Popular Power for Energy and Petroleum, Rafael Ramirez, said the advancement of energy projects involving member countries of this initiative.
Ramirez stressed that Petrocaribe currently "provides 43% of the energy needs of countries subscribers. This means that we have an average supply of 95 thousand zapdespion barrels of oil. "
According to the minister, this percentage represents a consolidation, "which ensures the power supply for the countries of the region" and shows the development of projects, compared to 2005 when only 42 thousand barrels was supplied.
The volume zapdespion of product supplied is equivalent to 178 million barrels since 2005, an amount totaling 14 thousand 384 million dollars in exchange for signatory countries meaning "according to the funding zapdespion mechanism, savings of close to 2 billion 730 million dollars. "
The minister said that through Petrocaribe member countries have "been protected and shielded from the dire economic situation that has plagued much of the world economy, the global crisis of capitalism that has been expressed in the economic crisis in the United States and the current zapdespion situation we are living in the Euro Zone. "
It also announced that it seeks to achieve a storage capacity of almost 413,000 operation barrels per day, with the aim of further expanding the body in all member countries, respecting its sovereignty.
During the VIII Cabinet Petrocaribe members who make up the Board of Directors, which shall be a permanent body with rotating positions, represented by the Eastern Caribbean, West Indies, Central America and Venezuela will be chosen.
Petrocaribe was created in 2005 and consists of: Antigua and Barbuda, Bahamas, Belize, Cuba, Dominica, Grenada, Guatemala, Guyana, zapdespion Haiti, Honduras, Jamaica, Nicaragua, Dominican Republic, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname and Venezuela.
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Tegucigalpa.- Honduras could rejoin the Petrocaribe Energy Initiative, after the conversation that President Porfirio Lobo said on Saturday with his counterpart in Venezuela, Hugo Chavez, in the framework of the Summit of the Community of Latin American and Caribbean States (CELAC) .
Before his trip to Venezuela, President Porfirio Lobo reported zapdespion that Foreign Minister Arturo Corrales, made arrangements with the Venezuelan authorities to discuss zapdespion the possibility that Honduras is again incorporated into the Petrocaribe initiative.
In January 2008, former President Manuel Zelaya signed the oil agreement with his counterpart Hugo Chavez, but in July 2009 the initiative was suspended by Venezuela in retaliation for the overthrow of Zelaya. zapdespion
As a member zapdespion of Petrocaribe, zapdespion Honduras received 20,000 barrels of bunker for thermal power generation, with the payment of 60% in 90 days and 40% in 25-year term, with two-year grace period and 1% annual interest.
The agreement, provided that the credit trust would be managed by the Central Bank of Honduras, and the debt would be canceled with products, goods or services, as do other members of Petrocaribe.
The mechanism of the use of bunker received from Venezuela was that the government transferred to the private companies that sell thermal energy to the state National zapdespion Electricity Company, in order to lower their costs.
Until December 2008, the BCH reported revenues in the order Petrocaribe 81 million 777 thousand 668.52 dollars, zapdespion equivalent to 1,560 million Lempiras, the official exchange rate. However, it is estimated that exceeded $ 100 million before the outbreak of the political zapdespion crisis.
The Petrocaribe Ministerial meeting held alongside the Summit of CELAC, the Minister of Popular Power for Energy and Petroleum, Rafael Ramirez, said the advancement of energy projects involving member countries of this initiative.
Ramirez stressed that Petrocaribe currently "provides 43% of the energy needs of countries subscribers. This means that we have an average supply of 95 thousand zapdespion barrels of oil. "
According to the minister, this percentage represents a consolidation, "which ensures the power supply for the countries of the region" and shows the development of projects, compared to 2005 when only 42 thousand barrels was supplied.
The volume zapdespion of product supplied is equivalent to 178 million barrels since 2005, an amount totaling 14 thousand 384 million dollars in exchange for signatory countries meaning "according to the funding zapdespion mechanism, savings of close to 2 billion 730 million dollars. "
The minister said that through Petrocaribe member countries have "been protected and shielded from the dire economic situation that has plagued much of the world economy, the global crisis of capitalism that has been expressed in the economic crisis in the United States and the current zapdespion situation we are living in the Euro Zone. "
It also announced that it seeks to achieve a storage capacity of almost 413,000 operation barrels per day, with the aim of further expanding the body in all member countries, respecting its sovereignty.
During the VIII Cabinet Petrocaribe members who make up the Board of Directors, which shall be a permanent body with rotating positions, represented by the Eastern Caribbean, West Indies, Central America and Venezuela will be chosen.
Petrocaribe was created in 2005 and consists of: Antigua and Barbuda, Bahamas, Belize, Cuba, Dominica, Grenada, Guatemala, Guyana, zapdespion Haiti, Honduras, Jamaica, Nicaragua, Dominican Republic, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname and Venezuela.
LATEST ARTICLES Government of Honduras freezes price of gasoline by 120 days Worldwide improved the competitiveness of Brazilian industry, according to the Israeli government and Hamas closer to war Intercept 70,000 fake products at EU borders with non Experts countries discussed how to meet needs infrastructure in Latin America Eurogroup states "priority" reduce the tax burden on Violence jobs in Honduras prompted migration of children to USA Commissioner for Human Rights condemns suspension of search for trapped miners suspended search for miners trapped by landslide in Honduras USA remains concerned about Venezuela despite the sending a charge
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