A second Falcon jet is kept at the La Isabela International Airport

[Dolores]

Another aircraft with suspected ties to Venezuelan President Nicolas Maduro’s regime has reportedly been under military custody for several months now at the La Isabela International Airport in northern Santo Domingo, several media are reporting. The aircraft is a Falcon 900EX, registered as YV 3360, which has been kept in a secured hangar and monitored 24/7 by military personnel. The YV aircraft code is for aircraft registered in Venezuela.

The plane landed reportedly for maintenance but has remained in place due to an ongoing investigation. As reported, the Attorney General’s Office (PGR) is aware of the situation but has not yet provided additional details about the investigation’s progress.

Meanwhile, in Venezuela, the Maduro government announced on Monday, 2 September 2024 that it reserves the right to take legal action to “repair” the damage caused by...

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[windeguy]

Would Maduro cut off oil shipments? Could be a bad thing.

Hopefully there were only two planes and no more are suddenly discovered.

 

[NanSanPedro]

Would Maduro cut off oil shipments? Could be a bad thing.

Hopefully there were only two planes and no more are suddenly discovered.

If he were to cut off oil, would that not bite his fat ass because he would be losing a revenue stream?

 

[bob saunders]

Would Maduro cut off oil shipments? Could be a bad thing.

Hopefully there were only two planes and no more are suddenly discovered.

The DR no longer gets oil from Venezuela.

 

[El Hijo de Manolo]

The DR no longer gets oil from Venezuela.

No, but they sure are trying to collect on those deferred payments re what was sold during the Petrol Caribe intiative. And since those terms were something to the effect of 100 years, good luck

 

[playacaribe2]

What we have here is a game of international ping pong.

The DR and other countries question the fairness of the elections in Venezuela.

Venezuela in turn cancels all flights originating from the DR and a few other central American countries.

The DR allows Maduro's planes to be seized by the US while in the DR for maintenance/service.

Classic escalation.........

And so it goes......


Respectfully,
Playacaribe2

 

[playacaribe2]

No, but they sure are trying to collect on those deferred payments re what was sold during the Petrol Caribe intiative. And since those terms were something to the effect of 100 years, good luck

They paid back that Petrocaribe debt years ago.

When Venezuela was crippled by sanctions and oil production fell precipitously due to Chavez mismanagement, the DR pulled off a financial coup de tat. Knowing Venezuela needed money desperately, the DR sold bonds, raised cash and paid Venezuela at a 53%+/ discount.

Respectfully,
Playacaribe2

 

[El Hijo de Manolo]

They paid back that Petrocaribe debt years ago.

When Venezuela was crippled by sanctions and oil production fell precipitously due to Chavez mismanagement, the DR pulled off a financial coup de tat. Knowing Venezuela needed money desperately, the DR sold bonds, raised cash and paid Venezuela at a 53%+/ discount.

Respectfully,
Playacaribe2

Interesting. Never knew!

 

[windeguy]

The DR no longer gets oil from Venezuela.

Glad to here that obligation is gone.

Where from now?

 

[DrNoob]

From https://oec.world/en/profile/bilateral-product/refined-petroleum/reporter/dom : Dominican Republic imports Refined Petroleum primarily from: United States ($2.42B), United Kingdom ($151M), Colombia ($27.9M), Bahamas ($20.8M), and Spain ($12.5M).

They are also doing investments like (2023): https://www.reuters.com/business/en...-explore-building-refinery-guyana-2023-08-08/ but not sure how much of it will come to pass.

 

[NALs]

Maduro should simply learn to be quiet if he doesn’t want the DR to send him a message.

 

[El Hijo de Manolo]

Maduro should simply learn to be quiet if he doesn’t want the DR to send him a message.

What would they do? Serve him over seasoned food cooked at blast furnace temperatures fried in month- long used seed oils?

 

[El Hijo de Manolo]

They paid back that Petrocaribe debt years ago.

When Venezuela was crippled by sanctions and oil production fell precipitously due to Chavez mismanagement, the DR pulled off a financial coup de tat. Knowing Venezuela needed money desperately, the DR sold bonds, raised cash and paid Venezuela at a 53%+/ discount.

Respectfully,
Playacaribe2

So I found this piece today in my X feed. It appears as if DR owes 214MM to Venezuela regardless.

Deuda de RD con Venezuela por petróleo es de US$214.3 millones y viene desde el 2015

El Gobierno de Abinader ni ha abonado ni ha añadido a la deudaLo que se debe es un remanente no pagado a Petrocaribe

www.diariolibre.com

 

[playacaribe2]

So I found this piece today in my X feed. It appears as if DR owes 214MM to Venezuela regardless.

Deuda de RD con Venezuela por petróleo es de US$214.3 millones y viene desde el 2015

El Gobierno de Abinader ni ha abonado ni ha añadido a la deudaLo que se debe es un remanente no pagado a Petrocaribe

www.diariolibre.com

That may be true, but they paid 4.1 billion in debt to Venezuela by selling 1.9 million in bonds.....a darn good deal.

This could be a payment that was not made due to sanctions or could be a part of the price owed when they also bought out Venezuelas interest in the REFIDOMSA oil refinery in Haina.


Respectfully,
Playacaribe2