POTENTIALITIES AND ACHIEVEMENTS OF THE ALBA-PETROCARIBE ZONE Contents 1.POTENTIALITIES OF THE ALBA-PETROCARIBE ZONE 2. PETROCARIBE ACHIEVEMENTS 3. ALBA-TCP ACHIEVEMENTS 4. COMPLEMENTARY ECONOMIC ZONE ALBA-TCP and Petrocaribe ORIGINS ALBA-TCP (December 2004) Opposed to FTAA as alternative integration PETROCARIBE (June 2005) To diminish impact of increasing prices GOALS the Integration based on an cooperation, to complementarity, solidarity, respect for sovereignty and selfdetermination, with the common will to achieve the a fair socioeconomic oil development Energy Security Petrocaribe Petrocaribe Main Goals Energy Security Sovereign use of energy resources to: Socioeconomic development Integration Countries of Caribbean Potentialities Alba-Petrocaribe Zone Population and territory Gross Domestic Product 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 2005 476,477 MMUSD 2013 642,197 MMUSD Source: CEPAL/ own calculations Increase 165,720 MMUSD 26% Energy Wealth ALBA-TCP 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 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). 6 Oil Refining Capacity ALBA-TCP 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 7 PETROCARIBE ACHIEVEMENTS Capacities in Oil Refining, Storage and Transport 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%). 9 Petrocaribe Electricity Generation Electricity generation has increased by 352,4 megavatios, among Haiti, Saint Kitts and Nevis and Nicaragua. Development of complieting energy. Wind farm Alba Rivas in Nicaragua, with a consumption saving of 4,2% (40 MW), benefiting more than 145 homes. 10 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) Nicaragua República Dominicana Guyana El Salvador Jamaica 96% corresponds to food, livestock, and inputs to the process and conservation of food 4 % corresponds (fits) to other items like medicines and clinker for the Socialist Coorporation of Cement which supplies to the Venezuela Great Housing Mission Joint Ventures CUBA BELICE • ALBA PETROCARIBE BELIZE ENERGY LTD * CUVENPETROL. S.A. * CUVENPEQ * TRANSALBA ST. KITTS AND NEVIS HAITI • PDV ST. KITTS NEVIS LIMITED • PETION-BOLÍVAR EL SALVADOR • ALBA PETROLEOS DE EL SALVADOR S.E.M de C.V. DOMINICA • PDV CARIBE DOMINICA LTD DOMINICAN REPUBLIC • REFIDOMSA JAMAICA • PETROJAM LIMITED ST. VINCENT AND THE GRENADINES • PDV SAINT VINCENT AND THE GRANADINES LTD GRANADA NICARAGUA • ALBANISA • ALBALINISA LABOR FORCE 3.700 Direct jobs So far PDV Caribe has created: - 1 Branch in the Republic of Cuba. PDVSA Cuba. S.A. - 15 Joint ventures. 11 in the member States . • PDV GRENADA LTD SURINAM • PDV SURINAME N.V. PDVSA Cuba, S.A. has shares in the maritime transportation company, Transportes del Alba INC., which in turn owns Trocana World INC and Tovase Development CORP. Evolution of the Petrocaribe-ALBA Human Development Index 0.70 0.69 0.68 0.67 0.66 0.65 0.64 0.63 0.62 0.61 0.68 0.64 2005 0.65 2006 0.66 2007 0.66 2008 0.69 0.69 0.66 Out of 21 countries: • 13 are in a high level, • 7 in middle level and • 1 in the low level 2009 2010 2011 2012 Social Indicators Life expectancy at birth Malnutrition Prevalence 72,4 years Cuba in the highest level (79 years) Haití in the lowest (62 years) 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%. Hugo Chávez Plan to erradicate hunger and poverty in alliance with FAO Still near to 19 million people are in malnutrition prevalence Economic Growth Forecast 2015 Mundo 4,01 Estados Unidos 3,09 Región Petrocaribe 2,70 Japón 0,83 Eurozona 1,79 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 Fuente: WEO October 2014/ own calculations Petrocaribe Social Investment (2005-2014) MMUSD TOTAL INVESTMENT 3.944 MMUSD 432 Projects 1,344 Access to electricity and gas N° of projects based on financial source 276 Long Term Invoice 88 Alba-Caribe Fund 54 Joint Ventures 11 Alba Food Fund 827 488 439 373 148 Servicios Domiciliarios Vivienda, Hábitat Fortalecimiento y Vialidad Institucional Sectores Productivos Agricultura y Alimentación Educación 96 92 Previsión y Servicios Públicos Asistencia Social 87 Ambiente 32 17 Cultura y Deporte Salud ALBA-TCP ACHIEVEMENTS Miracle Mision Humanitarian social programme that provides free treatment to patients with eye-related illnesses, offering a solution to visual problems 3.482.361 people have been treated Care of people with disabilities 1.285.089 people with disabilities have been treated 864.678 prosthesis have been delivered 2.030.000 medical visits have been conducted Latin American School of Medicine (ELAM) Cuba headquarters (1999) Venezuela headquaters (2007) 21.075 community comprehensive doctors 1.590 have finished graduate studies Heart Children’s Hospital Se han realizado más de 8.000 intervenciones quirúrgicas Projects on Literacy and Post-literacy A total of 3.815.092 people have been taught to read and write A total of 1.174.312 people have completed elementary school ALBA territories free of illiteracy Antigua y Barbuda, Bolivia, Cuba, Dominica, Nicaragua y Venezuela Social Movements To boost organization of social movements aiming to consolidate integration of the peoples Communication Sovereignty To generate content that reflects the realities of the countries and the idiosyncrasies of the peoples www.alba-tcp.org www.noticiasalba.org New Financial Architecture SUCRE Founded in Caracas 2008 aiming to finance productive integration of the peoples of Our America without political conditioning New Financial Architecture SUCRE Since its establishment, a total of 5.657 payment operations have been registered for 2.007 MMXSU, tantamount to 2.509 MMUSD. ALBA-PETROCARIBE ECONOMIC ZONE Complementary 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. Programmes 1 Communication and Transport 2 3 Tourism Trade and integration 4 Productive Chains 5 Social and Cultural 28 Complementary Economic Zone MERCOSUR Meeting Caracas, july 2014 Sinergy among Mercosur and CARICOM 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) 29 Complementary Economic Zone Petrocaribe Caricom 19 países 12 países Alba-TCP Energía 9 países Celac MERCOSUR SICA 5 países 6 países ALBA-TCP AND PETROCARIBE succesfull integration experiences New Regionalism 30 30