The dark side of PetroCaribe?

[NewsWhore]

Marisol Vicens is warning of the dangers of the sale of 49% of the shares in the Dominican Oil Refinery to Petroleos de Venezuela (PDVSA), the Venezuelan oil company. Writing in El Caribe, the business leader reveals that in the transaction whereby the government bought back the 50% of the Shell company's shares in the refinery, it also acquired all the Shell gas stations in the country that were previously owned by Shell. "The worst thing about the celebrated PetroCaribe agreement is that we are seeing what the counterparts are to be: a hegemony over the beneficiary countries, making Venezuela the sole oil supplier and now the owner of its refineries and fuel distribution stations. That is the dark side of PetroCaribe that no one wanted to see, and the truth is that thanks to this, sadly we are in the hands of the controversial government of Commander Chavez."

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