POTENTIALITIES AND

ACHIEVEMENTS OF THE ALBA-

PETROCARIBE ZONE

1.POTENTIALITIES OF THE ALBA-PETROCARIBE

ZONE

2. PETROCARIBE ACHIEVEMENTS

3. ALBA-TCP ACHIEVEMENTS

4. COMPLEMENTARY ECONOMIC ZONE

Contents

Integration based on cooperation, complementarity, solidarity, respect for sovereignty and selfdetermination, with common will to achieve a fair socioeconomic development

ALBA-TCP and Petrocaribe

ALBA-TCP (December

2004)

PETROCARIBE (June 2005)

Energy Security Energy Security

Opposed to the FTAA as an alternative to integration

To diminish the impact of the increasing oil prices

ORIGINSORIGINS GOALSGOALS

Petrocaribe

Integration of Caribbean Countries Integration of Caribbean Countries

Sovereign use of energy resourcesto:

Sovereign use of energy resourcesto:

Energy SecurityEnergy Security

Socioeconomic developmentSocioeconomic development

Petrocaribe Main GoalsPetrocaribe Main Goals

Potentialities Alba-Petrocaribe Zone

21 countries covering nearly 7 millions square kilometers, including the Exclusive

Economic Zones. Inhabited by over 131 million people,

representing a labour force near to 60 million people

Population and

territory

Gross Domestic Product

2005 2013476,47

7 MMUSD

642,197

MMUSD

Increase

165,720 MMUSD

26% 26%

Source: CEPAL/ own calculations

Important mining production of primary aluminium and iron(Venezuela); lead mine, mine zinc, silver, lithium, mining and refined tin (Bolivia); and nickel mine (Cuba y Venezuela).

Important mining production of primary aluminium and iron(Venezuela); lead mine, mine zinc, silver, lithium, mining and refined tin (Bolivia); and nickel mine (Cuba y Venezuela).

Energy Wealth ALBA-TCP

6

The ALBA group of countries accounts for 20% of world oil reserves and 71.6% of proven gas throughout Latin America and Caribbean reserves, equivalent to 7 billion metric tons approximately

The ALBA group of countries accounts for 20% of world oil reserves and 71.6% of proven gas throughout Latin America and Caribbean reserves, equivalent to 7 billion metric tons approximately

Oil Refining Capacity ALBA-TCP

7

In the oil industry, they account for 25% of oil refining installed capacity in the Latinamerica and Caribbean Region overall (Venezuela 19%, Cuba 2%, Ecuador 2%, Bolivia 1%).

In the oil industry, they account for 25% of oil refining installed capacity in the Latinamerica and Caribbean Region overall (Venezuela 19%, Cuba 2%, Ecuador 2%, Bolivia 1%).

Cifras OLADE 2013

PETROCARIBE ACHIEVEMENTS

Capacities in Oil Refining, Storage and Transport

9

Refining capacity in a Caribbean circuit of 135 thousand barrels per day, distributed among Jamaica, Cuba and Dominican Republic.

617 mil barrels of hydrocarbons storage capacity in the region

Capacity of maritime transportation of 461 thousand barrels. .

(2005-2015) 307 MMBls equivalents to an invoice of 28.272 MMUSD and a long term financing

of 14.489 MMUSD (51,2%).

(2005-2015) 307 MMBls equivalents to an invoice of 28.272 MMUSD and a long term financing

of 14.489 MMUSD (51,2%).

Petrocaribe Electricity Generation

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Development of complieting energy. Wind farm Alba Rivas in Nicaragua, with a consumption saving of 4,2% (40 MW), benefiting more than 145 homes.

Electricity generation has increased by 352,4 megavatios, among Haiti, Saint Kitts and Nevis and Nicaragua.

Trade Compensation (2008-2014)

A total of 3.180 MMUSD has been compensated (a total of 2.923 tons of products and 10.540.226 units dispatched)

96% corresponds to food, livestock, and inputs to the process and conservation of food

96% corresponds to food, livestock, and inputs to the process and conservation of food

Nicaragua República Dominicana

GuyanaEl Salvador

Jamaica

4 % corresponds (fits) to other items like medicines and clinker for the Socialist Coorporation of Cement which supplies to the Venezuela Great Housing Mission

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Joint Ventures

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BELICEBELICE• ALBA PETROCARIBE BELIZE

ENERGY LTD

JAMAICAJAMAICA• PETROJAM LIMITED

DOMINICADOMINICA• PDV CARIBE DOMINICA LTD

ST. KITTS AND NEVISST. KITTS AND NEVIS• PDV ST. KITTS NEVIS LIMITED

ST. VINCENT AND THE GRENADINESST. VINCENT AND THE GRENADINES• PDV SAINT VINCENT AND THE GRANADINES LTD

GRANADAGRANADA• PDV GRENADA LTD

DOMINICAN REPUBLICDOMINICAN REPUBLIC• REFIDOMSA

CUBACUBA* CUVENPETROL. S.A. * CUVENPEQ * TRANSALBA

LABOR FORCE3.700 Direct jobs3.700 Direct jobs

HAITIHAITI• PETION-BOLÍVAR

So far PDV Caribe has created:So far PDV Caribe has created:- 1 1 Branch in the Republic of Branch in the Republic of Cuba. PDVSA Cuba. S.A.Cuba. PDVSA Cuba. S.A.- 15 15 Joint venturesJoint ventures. 11 . 11 in the member States in the member States ..

PDVSA CubaPDVSA Cuba, S.A. has shares in the maritime , S.A. has shares in the maritime transportation company, Transportes del Alba transportation company, Transportes del Alba INC., which in turn owns Trocana World INC INC., which in turn owns Trocana World INC and Tovase Development CORPand Tovase Development CORP..

EL SALVADOR• ALBA PETROLEOS DE EL SALVADOR S.E.M de C.V.

NICARAGUANICARAGUA• ALBANISA• ALBALINISA SURINAMSURINAM

• PDV SURINAME N.V.

Evolution of the Petrocaribe-ALBA Human Development Index

Out of 21 countries:• 13 are in a high level,• 7 in middle level and• 1 in the low level

Social Indicators

Life expectancy

at birth

Life expectancy

at birth

72,4 yearsCuba in the highest level (79 years)Haití in the lowest (62 years)

MalnutritionPrevalence

MalnutritionPrevalence

Cuba, Dominica, Saint Vincent and the Grenadines and Venezuela, Alba and Petrocaribe countries have achieved millenium development goal.

The countries that have diminish malnutrition prevalence are Nicaragua 35%, Haití 19%, Dominican Republic 15%, Guyana 14,6%, Saint Vicent and The Grenadines 14%.

Still near to 19 million

people are in malnutrition prevalence

Still near to 19 million

people are in malnutrition prevalence

Hugo Chávez Plan to erradicate hunger and poverty in alliance

with FAO

Economic Growth Forecast 2015

Fuente: WEO October 2014/ own calculations

TOTAL INVESTMENTTOTAL INVESTMENT3.944 3.944 MMUSDMMUSD432 Projects432 Projects

MMUSDMMUSD

Petrocaribe Social Investment (2005-2014)

N° of projects based on financial source

276 Long Term Invoice88 Alba-Caribe Fund

54 Joint Ventures11 Alba Food Fund

N° of projects based on financial source

276 Long Term Invoice88 Alba-Caribe Fund

54 Joint Ventures11 Alba Food Fund

Access to electricity and gasAccess to electricity and gas

ALBA-TCP ACHIEVEMENTS

Humanitarian social programme that provides free treatment to patients with eye-related illnesses, offering a solution to visual problems

Miracle Mision

3.482.3613.482.361

people have been treated

Care of peoplewith disabilities

1.285.089 1.285.089 people with disabilities have been treated

864.678 864.678 prosthesis have been delivered

2.030.0002.030.000 medical visits have been conducted

Latin AmericanSchool of Medicine (ELAM)

21.07521.075 community comprehensive doctors

1.5901.590 have finished graduate studies

Cuba headquarters

(1999)

Cuba headquarters

(1999)

Venezuela headquaters

(2007)

Venezuela headquaters

(2007)

Se han realizado más de

8.0008.000

intervenciones quirúrgicas

Heart Children’s Hospital

Projects on Literacy and Post-literacy

A total of 1.174.3121.174.312 people have completed elementary school

A total of 3.815.0923.815.092 people have been taught to read and write

ALBA territories free of ALBA territories free of illiteracyilliteracy

Antigua y Barbuda, Bolivia, Cuba, Dominica, Nicaragua

y Venezuela

To boost organization of social movements aiming to consolidate integration of the peoples

Social Movements

www.alba-tcp.orgwww.noticiasalba.org

To generate content that reflects the realities of the countries and the idiosyncrasies of the peoples

Communication Sovereignty

Founded in Caracas 2008 aiming to

finance productive integration of the

peoples of Our America without

political conditioning

New Financial ArchitectureSUCRE

Since its establishment, a total of 5.657 5.657 payment operations payment operations have been registered for

2.007 MMXSU2.007 MMXSU, tantamount to 2.509 2.509 MMUSD.MMUSD.

New Financial ArchitectureSUCRE

ALBA-PETROCARIBE ECONOMIC ZONE

In the 9th Ministerial Council, was approved the creation of the Petrocaribe Economic Zone, aiming to increase and diversify intraregional trade, to strengthen productive sectors, to promote social investment and to foster development.

In the 9th Ministerial Council, was approved the creation of the Petrocaribe Economic Zone, aiming to increase and diversify intraregional trade, to strengthen productive sectors, to promote social investment and to foster development.

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Programmes

TourismCommunication and Transport

Trade and integration

ProductiveChains

Social and Cultural

1 542 3

ComplementaryEconomic Zone

The full synergy between ALBA-TCP, Petrocaribe, Mercosur y CARICOM, will level the ground for the creation of a stronger political and economic block that will leed the integration of Our America under the umbrella of the lately created Community of Latin American and Caribbean States (CELAC)

The full synergy between ALBA-TCP, Petrocaribe, Mercosur y CARICOM, will level the ground for the creation of a stronger political and economic block that will leed the integration of Our America under the umbrella of the lately created Community of Latin American and Caribbean States (CELAC)

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Sinergy among Mercosur and

CARICOM

MERCOSUR Meeting Caracas, july 2014

MERCOSUR Meeting Caracas, july 2014

ComplementaryEconomic Zone

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ComplementaryEconomic Zone

Petrocaribe19 países

Alba-TCP9 países

Energía

Caricom12 países

SICA6 países

Celac MERCOSUR 5 países

New RegionalismNew RegionalismALBA-TCP AND PETROCARIBE succesfull integration experiences

ALBA-TCP AND PETROCARIBE succesfull integration experiences 30