Haiti seeking Chevron’s help to import Venezuelan fuel

PORT-AU-PRINCE, Haiti (AP) – Haiti is seeking a contract with Chevron Corp. to ship Venezuelan oil purchased under President Hugo Chavez’s discount fuel program, a government official said Sunday.

Haiti joined Chavez’s Petrocaribe initiative more than a year ago, but has been unable to transport or receive any oil shipments so far, said Michael Lecorps, director of the aid management office in charge of implementing the program.


An agreement with Chevron to ship the oil from Venezuela to Haiti would allow the fuel-starved nation to import 14,000 barrels of oil a day, he said.

Under Petrocaribe’s financing terms, Haiti would have three months to pay for 60 percent of each oil shipment, and 25 years to pay the balance at 1 percent interest, officials said.

AP