- PABLO ESCALONA
19 de septiembre de 2017 05:55 AM
Actualizado el 19 de septiembre de 2017 06:05 AM
Belize has discontinued a “long-standing agreement” on purchase of Venezuelan oil byproducts, in the context of the Trafigura/Puma and Petróleos de Venezuela (Pdvsa) partnership and within the framework of Petrocaribe energy cooperation.
The Alba PetroCaribe Belize Energy Limited (Apbel) said in a statement that the decision to suspend the program followed “consultation with the Government of Belize, Trafigura/Puma and Pdvsa. Apbel has decided to “suspend purchases of petroleum products from Pdvsa under the PetroCaribe Agreement with immediate effect.”
Apbel said that it “had been encountering a number of problems” with maintaining a reliable supply of products from Pdvsa. This, among other things, has resulted in much higher unit costs of freight when Puma has been forced to make last-minute arrangements to truck products overland and when vessels are brought in half-loaded.
“We have also been informed by Pdvsa that, at times, they have had to purchase on the spot market to meet their commitments to us. This is definitely not what was intended by the PetroCaribe program. We are very grateful to the Bolivarian Republic of Venezuela and Pdvsa for all they have been trying to do to keep their promises to us under the PetroCaribe program, but it does not make sense to force this arrangement under these circumstances," Apbel argued in the statement.