A US energy initiative announced in June by Vice-President Joe Biden took a step forward last month with the signing of a memorandum of understanding on energy security with Grenada.
Commentators see Washington’s move as a counterweight to Venezuela’s PetroCaribe oil programme which has extended Caracas’s influence across the Caribbean and Central America.
A US State Department press release on September 3rd said that as part of the Caribbean Energy Security Initiative, Acting Special Envoy and Coordinator for International Energy Affairs Amos Hochstein and Grenadian Ambassador to the United States E. Angus Friday on August 27 in Washington, D.C., sealed a Memorandum of Understanding to promote a
