Nicolas Maduro, President Fernandez.
New York.- The government of Venezuela announced Tuesday it will raise the supply of crude to Dominican Republic from 30,000 to 50,000 barrels daily through the Petrocaribe pact, which allows the country to buy oil on credit and with soft interests.
Venezuela Foreign Relations minister Nicolas Maduro delivered the message to president Leonel the Fernandez during a meeting in the New York Palace hotel.
The official, representing president Hugo Chavez the in 66th UN General Assembly, was accompanied by Dominican par Carlos Morales. He said he brought Chavez’s message exclusively to president Leonel Fernandez.
Maduro also told Fernandez that Chavez’s recovery is nearly complete with chemotherapy treatments to counter the cancer that affects him, and that he’s in good spirits.
Morales
“With this president Hugo Chavez not only ratifies Venezuela’s support for Petrocaribe, but also widens the amount of petroleum it provides to the country by around 20,000 barrels daily, because we are currently receiving only 30,000,” Morales said.
He said the Dominican government had sought the increase in Petrocaribe’s quota daily to increase the reserve and deal with higher international crude prices, “not to load the dices against the consumers. More than an increase which we sought was to reach the goal of around 50,000 barrels daily.”
Written by: anthonyC, 20 Sep 2011 3:47 PM
From: United States
What?
Your broke?
No problem.
We will just give you more credit!
Written by: juanb, 20 Sep 2011 3:58 PM
From: Dominican Republic
Let's raise the gasoline prices to celebrate that we will soon be deeper in debt.
From: United States, New York City
DR would need to get this oil from somewhere regardless and for far less favorable terms. The Petrocaribe pact is a win-win for DR.
From: Dominican Republic, vieja Santo Domingo
yes exactly ,,the Petro caribe pact is a great deal for the DR and even if the price is the same as from elsewhere ,20 years credit at next to no interest is very good ..I just have some suspicion , however, that there may be something that Chavez wants in return for this gesture of good will
From: United States, New York City
", however, that there may be something that Chavez wants in return for this gesture of good will"
He wants influence..fortunetaly DR is in a position to give him as little or as much as they want to in that arena..Venezuelan gun ships won't be docking anytime soon in Dominican waters to extract payment.
From: Iran, DirectorioDominicano.com
Sure this is a win-win situation for the next 20 years, until such time that Vene. wants
a more substantial return on their investment. either way, options are limited.
Written by: Atabey, 20 Sep 2011 5:28 PM
From: United States, NYC
The deal is very advantageous toward DR! And that's how this issue has to be viewed: Is it a better deal than the alternatives? Show us a better deal to be had before you knock this one down.
50, 000 barrels, 20 years to pay at a lower than market rate interest arrangement! And the DR can pay for it in rice, beans, or sugar!
Nations have interest, not friends.
"Petrocaribe S. A. is a Caribbean oil alliance with Venezuela to purchase oil on conditions of preferential payment. The alliance was launched in June 2005. The payment system allows for a few nations to buy oil on market value but only a certain amount is needed up front; the remainder can be paid through a 25 year financing agreement on 1% interest. The deal allows for the Caribbean nations to purchase up to 185,000 barrels of oil per day on these terms. In addition it allows for nations to pay part of the cost with other products provided to Venezuela, such as bananas, rice, and sugar." Wikipedia
Written by: RonEvane, 20 Sep 2011 11:26 PM
From: United States, Gaithersburg, Maryland
Allow me to be the "fly in the ointment". This is all well and good for the time being. But we need to veer away from dirty, expensive oil and into renewables.
The "Jatropha" plant, for instance is a great source of natural oil that can be refined to produce biodiesel. There are many other sources, such as a certain type of algae and the African palm.This fuel is much better on engines than petrodiesel and is "carbon neutral".
We should strive on becoming energy independent in the coming years. We can tell Chavez to take a hike and save tons of money in the process. This is not only good for our nation, but for the entire planet.
Written by: Vivacuba, 21 Sep 2011 10:53 AM
From: Dominican Republic
Gracias Hugo. Sus esfuerzos son dados la bienvenida y son apreciados.
Written by: danny00, 21 Sep 2011 11:06 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
MR CHAVEZ'S OIL WELLS?
MR CHAVEZ after more then 12 years as president of venezuela has SYSTEMATICALLY DISMANTLED THE DEMOCRATIC INSTITUTIONS of VENEZUELA, making himself a populary elected autocrat rather then a DEMOCRAT. he controls the COURTS and the LEGISLATURE, as well as many MUNICIPALITIES, where he was installed his own CAPOS, to run things. many have accused MR. CHAVEZ of installing a MARXIST-COMMUNISTS REGIME in the country.
WATCHDOG TRANSPARENT INTERNATIONAL ranked VENEZUELA among the least TRANSPARENT countries in the WORLD.
162ND. OUT OF 180, RIGHT THERE WITH ANGOLA and BOTH CONGOS.
Written by: danny00, 21 Sep 2011 11:10 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
mr. chavez's brazen attempts to remain in office at all costs and his open declaration that he has no intentions of abandoning power.
yet we have the like of mr. viva cuba, the people that shaved their heads?
be careful with your bed-partners mr president leo.
Written by: danny00, 21 Sep 2011 11:14 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
this is not only good for our nation, but for the entire planet.
good comments but, dont think many in the dr are worried about the entire are they?
nice to see people like your self that care and are inteliggent enough to understand we all share the same planet and we have to try and leave our children a place to live on this planet dont we?
From: United States, Brooklyn
Chavez action is helping more than all others... Keep in mind that it isn't charity its a different form of payments. If the whole world were paying with their surple produces, there would be less debt and more doing....
What do you all say about a World Currency?
Written by: danny00, 21 Sep 2011 11:26 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
What do you all say about a World Currency?
LETS SEE WHAT HAPPENS TO THE EURO ZONE 1ST?
From: United States, New York City
"What do you all say about a World Currency?"
I say HELL NO! Spare us this stealthy path to one world government.
Written by: danny00, 21 Sep 2011 11:32 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
chavez action is helping more than all others... ok! for now
but does he have other thoughts in the back of his mine?
better see what going on in his country, his people are not a bunch of happy campers.
did u know that he has cubans working in his government?
u guys have a heart attack when uncle sam sends some troops over to the dr, wonder how u will be if u end up with mr chavez running the dr. government one day?
Written by: danny00, 21 Sep 2011 11:51 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
ONLY A FEW BAD APPLES IN THE BUNCH? REALLY!
NOW THE GLOBE TROTTER
..Panama find 5 bodies buried under house's floor
AP – Fri, Sep 16, 2011.
20 photos - 8 hrs ago...See latest photos »....PANAMA CITY (AP) — Authorities in Panama say they have found five bodies buried under the floor of a house and believe the remains are of young people of Chinese origin who were kidnapped for ransom the past two years.
Friday's statement announcing the find says one person from the Dominican Republic has been detained and an arrest warrant has been issued for a second Dominican who has left the country.
National police director Gustavo Perez says the Dominican in custody led officers to the burial site in La Chorrera. The town is about 25 miles (40 kilometers) west of Panama's capital
Written by: danny00, 21 Sep 2011 11:51 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
ONLY A FEW BAD APPLES IN THE BUNCH? REALLY!
NOW THE GLOBE TROTTER
..Panama find 5 bodies buried under house's floor
AP – Fri, Sep 16, 2011.
20 photos - 8 hrs ago...See latest photos »....PANAMA CITY (AP) — Authorities in Panama say they have found five bodies buried under the floor of a house and believe the remains are of young people of Chinese origin who were kidnapped for ransom the past two years.
Friday's statement announcing the find says one person from the Dominican Republic has been detained and an arrest warrant has been issued for a second Dominican who has left the country.
National police director Gustavo Perez says the Dominican in custody led officers to the burial site in La Chorrera. The town is about 25 miles (40 kilometers) west of Panama's capital
From: Dominican Republic
danny00
do you happen to know how much per gallon chavez charges his people's. I do and it was some Venezuela peeps visiting DR who happen to be very happy with chavez. One Venezuelan dude said the he almost had a heart attack when filling up his rent a car here in DR. He said that the amount he spent here to fill up his rent a car, that he does not even come close to spending that much in a year in Venezuela.
Written by: Vivacuba, 22 Sep 2011 2:47 PM
From: Dominican Republic
I love Chavez. Bush, Cheney, Oblama are a bunch of comunist criminals. Hugo is preferred over the northern empire anytime.
Written by: RonEvane, 23 Sep 2011 4:43 PM
From: United States, Gaithersburg, Maryland
Hey, VivaCuba.
What are you doing in a miserable, third-world nation like DR? If you like Fidel and Chavez, why not try to move there? I would!.... I mean, things are much better in Cuba and Venezuela than DR, right? So, what keeps you in DR? Enlighten me.
Written by: airgordo, 23 Sep 2011 8:02 PM
From: Dominican Republic
ATABEY just said it...
NATIONS don't have friends, they have interests...
Chavez wants the same USA, and all the others, he wants influence and protection pf venezuelan interests on the international comunity, like the U.N....that is the way this works.
Written by: Vivacuba, 25 Sep 2011 3:58 AM
From: Dominican Republic
RonEvane,
The DR is less of a third world country than the USA is. Who said I am in the DR?
Written by: RonEvane, 26 Sep 2011 4:59 AM
From: United States, Gaithersburg, Maryland
VivaCuba.
Your profile says you're posting from DR. Now, if you're in the US and think "the DR is less of a third-world country than the US is", then what are you doing there? why not move to DR, where things are better? as per your estimation?
Written by: Vivacuba, 27 Sep 2011 8:48 AM
From: Dominican Republic
Viva C U B A Viva I R A N Viva North Korea hahahahha
Written by: RonEvane, 27 Sep 2011 2:24 PM
From: United States, Gaithersburg, Maryland
Cada loco con su tema.
Written by: Vivacuba, 29 Sep 2011 1:07 PM
From: Dominican Republic
North Korean and Myanmar. Inve$t in either. You will never have to invest again. Oh wait, not open to unfortunates associated with the gringo government. PROHIBIDO.
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Your broke?
No problem.
We will just give you more credit!
Let's raise the gasoline prices to celebrate that we will soon be deeper in debt.
He wants influence..fortunetaly DR is in a position to give him as little or as much as they want to in that arena..Venezuelan gun ships won't be docking anytime soon in Dominican waters to extract payment.
Sure this is a win-win situation for the next 20 years, until such time that Vene. wants
a more substantial return on their investment. either way, options are limited.
50, 000 barrels, 20 years to pay at a lower than market rate interest arrangement! And the DR can pay for it in rice, beans, or sugar!
Nations have interest, not friends.
"Petrocaribe S. A. is a Caribbean oil alliance with Venezuela to purchase oil on conditions of preferential payment. The alliance was launched in June 2005. The payment system allows for a few nations to buy oil on market value but only a certain amount is needed up front; the remainder can be paid through a 25 year financing agreement on 1% interest. The deal allows for the Caribbean nations to purchase up to 185,000 barrels of oil per day on these terms. In addition it allows for nations to pay part of the cost with other products provided to Venezuela, such as bananas, rice, and sugar." Wikipedia
The "Jatropha" plant, for instance is a great source of natural oil that can be refined to produce biodiesel. There are many other sources, such as a certain type of algae and the African palm.This fuel is much better on engines than petrodiesel and is "carbon neutral".
We should strive on becoming energy independent in the coming years. We can tell Chavez to take a hike and save tons of money in the process. This is not only good for our nation, but for the entire planet.
MR CHAVEZ after more then 12 years as president of venezuela has SYSTEMATICALLY DISMANTLED THE DEMOCRATIC INSTITUTIONS of VENEZUELA, making himself a populary elected autocrat rather then a DEMOCRAT. he controls the COURTS and the LEGISLATURE, as well as many MUNICIPALITIES, where he was installed his own CAPOS, to run things. many have accused MR. CHAVEZ of installing a MARXIST-COMMUNISTS REGIME in the country.
WATCHDOG TRANSPARENT INTERNATIONAL ranked VENEZUELA among the least TRANSPARENT countries in the WORLD.
162ND. OUT OF 180, RIGHT THERE WITH ANGOLA and BOTH CONGOS.
yet we have the like of mr. viva cuba, the people that shaved their heads?
be careful with your bed-partners mr president leo.
good comments but, dont think many in the dr are worried about the entire are they?
nice to see people like your self that care and are inteliggent enough to understand we all share the same planet and we have to try and leave our children a place to live on this planet dont we?
Chavez action is helping more than all others... Keep in mind that it isn't charity its a different form of payments. If the whole world were paying with their surple produces, there would be less debt and more doing....
What do you all say about a World Currency?
LETS SEE WHAT HAPPENS TO THE EURO ZONE 1ST?
I say HELL NO! Spare us this stealthy path to one world government.
but does he have other thoughts in the back of his mine?
better see what going on in his country, his people are not a bunch of happy campers.
did u know that he has cubans working in his government?
u guys have a heart attack when uncle sam sends some troops over to the dr, wonder how u will be if u end up with mr chavez running the dr. government one day?
NOW THE GLOBE TROTTER
..Panama find 5 bodies buried under house's floor
AP – Fri, Sep 16, 2011.
20 photos - 8 hrs ago...See latest photos »....PANAMA CITY (AP) — Authorities in Panama say they have found five bodies buried under the floor of a house and believe the remains are of young people of Chinese origin who were kidnapped for ransom the past two years.
Friday's statement announcing the find says one person from the Dominican Republic has been detained and an arrest warrant has been issued for a second Dominican who has left the country.
National police director Gustavo Perez says the Dominican in custody led officers to the burial site in La Chorrera. The town is about 25 miles (40 kilometers) west of Panama's capital
NOW THE GLOBE TROTTER
..Panama find 5 bodies buried under house's floor
AP – Fri, Sep 16, 2011.
20 photos - 8 hrs ago...See latest photos »....PANAMA CITY (AP) — Authorities in Panama say they have found five bodies buried under the floor of a house and believe the remains are of young people of Chinese origin who were kidnapped for ransom the past two years.
Friday's statement announcing the find says one person from the Dominican Republic has been detained and an arrest warrant has been issued for a second Dominican who has left the country.
National police director Gustavo Perez says the Dominican in custody led officers to the burial site in La Chorrera. The town is about 25 miles (40 kilometers) west of Panama's capital
do you happen to know how much per gallon chavez charges his people's. I do and it was some Venezuela peeps visiting DR who happen to be very happy with chavez. One Venezuelan dude said the he almost had a heart attack when filling up his rent a car here in DR. He said that the amount he spent here to fill up his rent a car, that he does not even come close to spending that much in a year in Venezuela.
What are you doing in a miserable, third-world nation like DR? If you like Fidel and Chavez, why not try to move there? I would!.... I mean, things are much better in Cuba and Venezuela than DR, right? So, what keeps you in DR? Enlighten me.
NATIONS don't have friends, they have interests...
Chavez wants the same USA, and all the others, he wants influence and protection pf venezuelan interests on the international comunity, like the U.N....that is the way this works.
The DR is less of a third world country than the USA is. Who said I am in the DR?
VivaCuba.
Your profile says you're posting from DR. Now, if you're in the US and think "the DR is less of a third-world country than the US is", then what are you doing there? why not move to DR, where things are better? as per your estimation?