Petrocaribe to boost Caribbean refining storage

Venezuela says it plans to boost its oil storage and refining capacity in the Caribbean while increasing energy cooperation between the 19 countries in the region that receive its crude at preferential prices.

President Hugo Chavez has spread political influence with the oil deals, which include the Petrocaribe accord and a separate agreement with socialist ally Cuba.

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1 Comment

  1. Papa
    December 7, 2011

    thanks sir

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