President Maduro Aims to Strengthen Petrocaribe | TeleSUR

“Caracas is currently supplying Petrocaribe members with 100,000 barrels of crude oil per day and under preferential payment terms. Petrocaribe initiatives including the Alba Caribe Fund, which was created in 2006 as mechanism to promote social economic development projects in the member states. The fund has generated US$106 million in order to fund 69 social welfare projects in 10 countries. Full story here. Also see: Venezuela wants to expand oil diplomacy despite falling prices | Reuters