Petrocaribe preferential oil deal stays as is: Venezuela envoy

Barahona, Dominican Republic.- Venezuela ambassador Alberto Castellar affirmed Thursday that his country’s Energy Solidarity Cooperation Agreement (Petrocaribe) with the Dominican Republic and other Latin American nations will remain as is.

He said Petrocaribe emerged to address inequalities for access to energy in Latin American countries, reaffirming that it’s a new way of equitable and fair exchange. "This is the dream of the late, unforgettable commander Hugo Rafael Chávez Frías to foster fair exchange and trade and unity among all Latin America countries."

He said despite efforts to destroy Petrocaribe, Caracas reaffirms its validity “and even more so for given Venezuela’s interest in sharing what it has, not what it has left over, with its America brothers.”

Catellar spoke during a donation of bio-analysis lab equipment at the State University UASD Barahona Campus, accompanied by academicians and government officials.