Petrocaribe was a regional oil procurement agreement between Venezuela and Caribbean member states. The trade organization was founded on 29 June 2005 in Puerto La Cruz, Venezuela during Hugo Chavez' presidency. Venezuela offered member states oil supplies on a concessionary financial agreement. Petrocaribe has been part of the "pink tide" in Latin America seeking to achieve post-neoliberal development in the region.[1] In 2013 Petrocaribe established links with the Bolivarian Alliance for the Americas (ALBA) aiming to go beyond oil trade and promoting economic cooperation. The deal fell apart by 2019 after dwindling oil production, corruption, and oil price fluctuations took their toll.[2]
In November 2022, Saint Vincent and the Grenadines became the first country to resume receipt of oil under the PetroCaribe terms. In 2023, Venezuela stated that it intended to revive the trade program.
^Cederlöf, Gustav; Kingsbury, Donald V. (2019). "On PetroCaribe: Petropolitics, Energopower, and Post-Neoliberal Development in the Caribbean Energy Region". Political Geography. 72: 124–133. doi:10.1016/j.polgeo.2019.04.006. S2CID 164598358.
^Beaubien, Jason (20 July 2019). "The Fallout From A Seemingly Sweet Oil Deal For Venezuela's Neighbors". NPR.
Petrocaribe was a regional oil procurement agreement between Venezuela and Caribbean member states. The trade organization was founded on 29 June 2005...
Energy Accords (2000) between Venezuela and a number of Caribbean states, Petrocaribe was founded in 2005 to facilitate oil trade under a concessionary financial...
than 90 percent of the government's budget comes from an agreement with Petrocaribe, a Venezuela-led oil alliance. Haiti received more than US$4 billion...
for the countries of Petrocaribe were not realized, which they say was ignored by the Venezuelan government because Petrocaribe countries were intended...
African, Caribbean and Pacific States Organization of American States Petrocaribe Projects of the Caribbean Community Small Island Developing States Union...
functioning. Meanwhile, the government also agreed to hold a trial for the PetroCaribe scandal; in addition to conducting investigations into the massacres...
Eastern Caribbean States, the Bolivarian Alliance for the Americas, Petrocaribe and the Eastern Caribbean's Regional Security System (RSS). As a member...
firm position. 13 of the 15 CARICOM countries have signed in 2005 the Petrocaribe, an oil alliance with Venezuela which permits them to purchase oil on...
the peoples of Latin America and the Caribbean. Venezuela thus created Petrocaribe and signed the Petrosur agreement. A refinery was also to be built close...
Caribbean Community Latin American Economic System Latin American Parliament PetroCaribe Wikimedia Commons has media related to Latin American Integration Association...
developed of these three is the Petrocaribe initiative, with 13 nations signed agreement in 2005. Under Petrocaribe, Venezuela would offer crude oil...
Relations - Inter Press Service". www.ipsnews.net. 24 September 2003. "Petrocaribe: Paying beans for Venezuelan oil". The Christian Science Monitor. 27...
9,000 capacity Grenada National Stadium. In 2014, the match between PetroCaribe Queens Park Rangers and Nixon's Electrical Happy Hill FC was the first...
developed of these three is the Petrocaribe initiative, with 13 nations signing a preliminary agreement in 2005. Under Petrocaribe, Venezuela will offer crude...
(OECS) Organization of Ibero-American States (OEI) Pacific Alliance Petrocaribe Rio Group Union of South American Nations (UNASUR) United Nations Economic...
(NAFTA) Northeast megalopolis Organisation of Eastern Caribbean States Petrocaribe by culture: Heartland (United States) Mesoamerica Oasisamerica by biogeography:...
passport CARIPASS Other Caribbean Initiative CaribNet Member States Petrocaribe Caribbean Free Trade Association (CARIFTA) Agreement of Dickenson Bay...
passport CARIPASS Other Caribbean Initiative CaribNet Member States Petrocaribe Caribbean Free Trade Association (CARIFTA) Agreement of Dickenson Bay...
on 26 January 2010 that President Hugo Chavez of Venezuela said that Petrocaribe, Venezuela's cut-rate regional energy alliance, will forgive Haiti's...
that recognized the election rely on Venezuela for oil as part of the Petrocaribe programme. "Divulgación Electoral 2018". cne.gov.ve. Archived from the...
through the Petrocaribe program. Significant protests broke out in February 2019 following a report from the court investigating the Petrocaribe Senate probe...
American integration Panhispanism Left-wing populism Lulism Pan-Americanism Petrocaribe Populism in Latin America Sandinista ideology Socialism of the 21st century...
passport CARIPASS Other Caribbean Initiative CaribNet Member States Petrocaribe Caribbean Free Trade Association (CARIFTA) Agreement of Dickenson Bay...
portal Corporación Trebol Gas C.A. History of the Venezuelan oil industry Petrocaribe Nervis Villalobos "Venezuela appoints alleged drug trafficker El Aissami...
passport CARIPASS Other Caribbean Initiative CaribNet Member States Petrocaribe Caribbean Free Trade Association (CARIFTA) Agreement of Dickenson Bay...
such as ALBA, the Community of Latin American and Caribbean States, and Petrocaribe. Some pink tide governments have been varyingly characterized by some...
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USD/$ ? billion (2006)