Guatemalan President Alvaro Colom stated his government is analyzing Thursday the possibility of joining the Petrocaribe energy initiative, boosted by Venezuela.
The decision could be made within one or two weeks, Colom said in the Special Summit of the Central American Integration System in San Salvador.
According to the statesman, the team who studied benefits for Guatemala of that cooperation accord has concluded its analysis, so the issue could appear in the Cabinet meeting Monday.
On his January visit to this capital for Colom's inauguration, Venezuelan President Hugo Chavez said that his country's energy potential is open to Guatemala through its entrance to Petrocaribe.
That initiative emerged in 2005 to solve asymmetries in access to oil resources through a new favorable, equitable and fair exchange among the Caribbean basin countries.
Among benefits are that nation members only have to pay 60-percent of the bill and the rest has a 25-year period of grace with very low interest.
Antigua and Barbuda, Bahamas, Belize, Cuba, Dominica, Grenada, Guyana, Jamaica, Dominican Republic, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Surinam, Venezuela, Haiti and Nicaragua are currently members of the organization.
The decision could be made within one or two weeks, Colom said in the Special Summit of the Central American Integration System in San Salvador.
According to the statesman, the team who studied benefits for Guatemala of that cooperation accord has concluded its analysis, so the issue could appear in the Cabinet meeting Monday.
On his January visit to this capital for Colom's inauguration, Venezuelan President Hugo Chavez said that his country's energy potential is open to Guatemala through its entrance to Petrocaribe.
That initiative emerged in 2005 to solve asymmetries in access to oil resources through a new favorable, equitable and fair exchange among the Caribbean basin countries.
Among benefits are that nation members only have to pay 60-percent of the bill and the rest has a 25-year period of grace with very low interest.
Antigua and Barbuda, Bahamas, Belize, Cuba, Dominica, Grenada, Guyana, Jamaica, Dominican Republic, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Surinam, Venezuela, Haiti and Nicaragua are currently members of the organization.
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