Economy March 10, 2022 | 8:57 am

Dominican Gov. looks to Argentina for fuel relief

Buenos Aires.- In the midst of global uncertainty due to high oil prices, which had worsened with the pandemic and worsened with the war between Russia and Ukraine, the Government is looking to the Argentine market to meet the country’s demand.

Argentina is the fifth largest oil producer in Latin America, which in December 2021, estimated 550,000 barrels per day, according to data from the Ministry of Energy of that country.

Yesterday, President Luis Abinader and his counterpart Alberto Fernández signed a “declaration of cooperation for hydrocarbon development between the Argentine and Dominican Republic.”

For this, Fiscal Oilfields (YPF) and the Dominican Petroleum Refinery (Refidomsa), the state entities of both nations, will work together to explore the Vaca Muerta area, a huge 36,000 square kilometer deposit that produces more than 25% of Argentine oil.

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SillyPutty
March 10, 2022 10:06 am

Delays in funding to Haiti, a common theme. Pledges & promises, nothing more. Timely funding for jobs creation in impoverished countries like Haiti can solve several problems. Not only for Haiti but effectually the Dominican Republic as well. More jobs on the Haiti side means less illegal immigration matters for the US, South America, DR, and PR. A strong and developed Haiti is a win win for the region. The IMF should move as quickly for Haiti as it does for the Ukraine is securing funding. The war on poverty should be just as important if not more so than the war on politics and colonialism. I am certainly for peace from all sides but also for justice for the poor and disenfranchised.

Richard
March 10, 2022 9:23 pm
Reply to  SillyPutty

This guy is a hatian, he just talks about Haiti and bad about us, don’t mind him

He’s got nothing to do other than annoy.

Hotgarlicbread
March 11, 2022 10:50 am
Reply to  Richard

Just ignore him and downvote all his comments, that will show him how much we appreciate his presence

Or any other comment you disagree with

Felix Arroyo
March 11, 2022 12:25 am
Reply to  SillyPutty

Stop birthing 263,000 people a year! Demand should not outpaced supplies! 11.6 million people birthing 263,000 a year is a recipe for failure! Fix your reproduction problem! Poverty is not solved by adding more mouths at the table!!