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As tensions flare between Guyana and Venezuela, and the latter country fails to meet its oil export quotas, Guyana is considering energy alternatives to the Petrocaribe programme. Bloomberg reports that Guyanese Finance Minister Winston Jordan revealed that his country is “actively considering other options.”Petrocaribe, a signature initiative of late President Hugo Chavez, has sold about US$28 billion to participating nations across the Caribbean and Central America since its creation in 2005. Member countries finance as much as half the price of the shipments at one per cent to 2 per cent interest over 25 years. Read more...