Venezuelan President Hugo Chavez says he wants Trinidad and Tobago
to be fully involved in the two year old Petrocaribe oil deal.
At the just concluded fourth summit on Petrocaribe in Havana Cuba, Mr. Chavez said he invited Trinidadian officials to the meeting as observers because he wants that country to be more involved in the oil deal.
However he did not say how and in what capacity Trinidad, which is already a leading oil producer will participate in Petrocaribe.
Meanwhile, Prime Minister of Antigua and Barbuda declared that his country is now ready to sign on to the current version of the Energy Security Treaty.
The treaty was first presented during the third Petrocaribe summit in Venezuela in August, but Antigua had asked for time to review the treaty before signing on.
At the summit, Heads of government agreed to review the current agreement and other ways to consolidate the oil deal.
Under the initiative, Venezuela sells participating states oil on conditions of preferential payments.
Meanwhile, Antigua and Barbuda's Prime Minister Baldwin Spencer has called on Trinidad and Tobago to play a significant role in the PetroCaribe initiative.
In announcing his country's decision to sign on to the treaty, at the recently concluded PetroCaribe Summit in Cuba, he said member states must acknowledge that Trinidad and Tobago had a major role to play in the broader context of regional energy security.
In response, Venezuelan President Hugo Chavez expressed a desire to have Trinidad and Tobago, as a lead oil producer within CARICOM, become fully involved in PetroCaribe.
Antigua and Barbuda first raised the issue of identifying a role for Trinidad and Tobago during the meeting of the Council of Ministers on December 21.
At the just concluded fourth summit on Petrocaribe in Havana Cuba, Mr. Chavez said he invited Trinidadian officials to the meeting as observers because he wants that country to be more involved in the oil deal.
However he did not say how and in what capacity Trinidad, which is already a leading oil producer will participate in Petrocaribe.
Meanwhile, Prime Minister of Antigua and Barbuda declared that his country is now ready to sign on to the current version of the Energy Security Treaty.
The treaty was first presented during the third Petrocaribe summit in Venezuela in August, but Antigua had asked for time to review the treaty before signing on.
At the summit, Heads of government agreed to review the current agreement and other ways to consolidate the oil deal.
Under the initiative, Venezuela sells participating states oil on conditions of preferential payments.
Meanwhile, Antigua and Barbuda's Prime Minister Baldwin Spencer has called on Trinidad and Tobago to play a significant role in the PetroCaribe initiative.
In announcing his country's decision to sign on to the treaty, at the recently concluded PetroCaribe Summit in Cuba, he said member states must acknowledge that Trinidad and Tobago had a major role to play in the broader context of regional energy security.
In response, Venezuelan President Hugo Chavez expressed a desire to have Trinidad and Tobago, as a lead oil producer within CARICOM, become fully involved in PetroCaribe.
Antigua and Barbuda first raised the issue of identifying a role for Trinidad and Tobago during the meeting of the Council of Ministers on December 21.
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