Guatemala: Petrocaribe Agreement ProgressesVenezuela's Government published in its Official Gazette a resolution approving the Energy Cooperation agreement.Thursday, August 13, 2009
The first oil shipment under this agreement could happen in the first months of 2010, said the Guatemalan Ministry of Energy and Mines. Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Guatemalan government calls off PetroCaribe agreement discussion.August 2008 Despite provisions by the Ministry of Energy and Mining, the initiative will not be sent to Congress this week, nor the next. Fiscal reforms have also been delays. Costa Rica accelerates its entry to PetrocaribeJuly 2008 The Costa Rican government will try to negotiate a temporary deal, while the formal negotiations are completed. Costa Rica to join Venezuela-led PetrocaribeJuly 2008 Costa Rica will this week ask to be admitted to Petrocaribe, under which Venezuela offers financing of 60 percent of the nation's oil imports over 25 years, with two years of grace and a fixed interest rate of 1 percent. Guatemala set to join PetroCaribeJuly 2008 Guatemala President Álvaro Colom has signed an agreement which would make Guatemala one of the recipients of energy from the regional initiative PetroCaribe.
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