U.S. Oil Companies Were Skeptical of Haiti Petrocaribe Deal
investigativeeconomics.substack.com
Petrocaribe is the name given to a series of deals made by the Venezuelan oil company Petróleos de Venezuela, S.A. (PDVSA) with various Caribbean countries. In those deals, PDVSA would allow deferred payments on oil shipments and the recipient countries could then use the accrued savings towards social welfare programs.
U.S. Oil Companies Were Skeptical of Haiti Petrocaribe Deal
U.S. Oil Companies Were Skeptical of Haiti…
U.S. Oil Companies Were Skeptical of Haiti Petrocaribe Deal
Petrocaribe is the name given to a series of deals made by the Venezuelan oil company Petróleos de Venezuela, S.A. (PDVSA) with various Caribbean countries. In those deals, PDVSA would allow deferred payments on oil shipments and the recipient countries could then use the accrued savings towards social welfare programs.