US sanctions force PetroCaribe rethink in SVG

The fuel storage dept at Lowmans Bay. (Photo: Lance Neverson/Facebook)

As the United States’ sanctions against Venezuela tighten, St. Vincent and the Grenadines has been forced to innovate to ensure continued fuel security and the upkeep of a Caracas-funded fuel storage plant, according to media reports.

The Hugo Chavez National Fuel Storage Facility at Lowmans Bay, capable of storing 34,000 barrels of fuel, was constructed  in April 2015.

The joint venture between the governments of SVG and Venezuela, was constructed at a total cost of US$31.6 million under Caracas’ oil initiative, PetroCaribe.

At a press conference last week, Prime Minister Ralph Gonsalves reiterated that SVG is not getting much fuel from Venezuela under PetroCaribe, Caracas’ oil initiative with a number of Caribbean nations.

He said this is an indirect effect of the sanctions that Washington has imposed on the South American capital.

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9 Comments

  1. Karl Orndem
    November 13, 2018

    That is what they wanted. to cripple venezuela, cause chaos in that country, label its leaders viscious dictators, then swoop in with american troops or American backed rebellion in order to sieze control of their resources. This is how America and the UN have crippled ISIS. Notice we dont even hear about them anymore. Isis controlled a number of oil fields and refineries in Iraq, this is how they funded their jihad campaign. The “world powers” sought to kill 2 birds with one stone by drastically reducing the price of oil in order to destabilize Isis’ buying power, as well as cripple Venezuela a THE major energy producer in the Caribbean – A market in their backyard which they had controlled for decades. In past regional energy summits the US had tired to persuade c/bbean nations to leave the Alba deal in favor of US energy/petrol companies but we told them FOH. They said ok, no problem, but you will be sorry in the end. i guess this is their retaliation coming to fruition

  2. Your auntie brother
    November 13, 2018

    So, where we getting our fuel from now. Can Reggie still make his money from that business? How are Domlec to run their generators if there is no diesel again? Oh boy, oh boy. No wonder the P.M. family live in the US. He is smart like that.

  3. shame
    November 12, 2018

    Good job by the US putting the finger down on these countries who sell their vote at the OAS for “cheap” oil that their citizens barely see the benefit of. All this money exchanging hands between the corrupt Chavez/Maduro regime and these countries who pretend to be oblivious to the plight of the Venezuelan people is BLOOD MONEY.

    Literally – all this “charity” is made available over the graves of all those people who have died and continue to die because a corrupt government prefers to send money overseas to buy votes at the OAS to maintain their power than to actually develop their own country. Shame on these governments especially those that adamantly defend this regime despite all the suffering that we have seen.

    And you all want to talk about bullies? How about a government that sends soldiers in tanks to break down people’s gates, enter into their homes, take away their family members for something as simple as protesting for their rights

  4. Jonathan Y St Jean
    November 12, 2018

    The USA asked for help to reign in the misguided administration in Carracas which is degrading the life of the suffering Venezuelan people, and those selfish Caribbean leaders, who were only concerned about their economies either abstained or like Skerritt called the US, Yankee imperialists. Now take that. China has no oil to help you morons so I want to see who your shortsighted leaders will turn to when the full effects of the sanctions begin to bite hard. The US has over taken Saudi Arabia as the world’s largest producer and supplier of energy. You clowns need to know which fight to engage in and which fight to stay out of.

  5. Too late
    November 12, 2018

    Don’t worry my people doctor doctor roosvelt will handle the Americans

    • RandyX
      November 13, 2018

      Doctor doctor Roosevelt could not organise a drink up in a rum shop. The double doctor is useless and his ministers even more so!

  6. Bob Denis
    November 12, 2018

    Sanctions by the powers of yesterday, incidentally the very same presently , have paralyzed Haiti’ self-determination. Fast forward, the very same is happening to former Slave colony St Vincent, the irony of it all is that there are many Dominicans who work for and support present American actions against Venezuela, Dominica is on the to do list of the USA , When your neighbors house is on fire, might as well check yours.

  7. Dan Tanner
    November 12, 2018

    Count on the bully in the White House to pick on a weak country, with no care about the effects on others. My entire family is ashamed.

    • bonzi
      November 12, 2018

      true say.. God will deal with them

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