US EditionVenezuela Rejects Sale of Citgo's Parent, Vice President Says
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8 Articles
Venezuela denounced on Tuesday that a U.S. court authorized the sale of its oil company in that country, Citgo, in a auction process for the benefit of its creditors that still needs authorization from the U.S. government. The Venezuelan state subsidiary PDVSA is under the control of a directive named by the opposition, after Washington handed it control of the oil company in 2019 after ignoring President Nicolás Maduro. Citgo faces defaults tha…
Venezuela rejects sale of Citgo's parent, vice president says
Venezuelan Vice President and Oil Minister Delcy Rodriguez said on Tuesday that the South American country rejects the "fraudulent" and "forced" sale of the parent company of refiner Citgo Petroleum in a legal process in the United States, after the sale was authorized by a U.S. judge last week.
Venezuela Rejects Sale of Citgo's Parent, Vice President Says
Cubadebate
cubainformación.tvThe Venezuelan State has made it clear that it will exhaust all legal channels at the international level to recover what legitimately belongs to it. The sale, which still requires regulatory approvals and would not take place until 2026, stands as a monument to double morality and the lawfare (legal war) employed by the empire and its local collaborators. The post Venezuela denounces CITGO’s “vulgar and barbarous dispossession” by the United St…
The government of the Bolivarian Republic of Venezuela and Petróleos de Venezuela (PDVSA) denounces the imminent forced sale of the company CITGO in U.S. territory, calling it a "vulgar and barbarous dispossession" and a "scared theft" orchestrated by a process of...
The executive vice president, Delcy Rodríguez, denounced on Tuesday, December 2, the “vulgar and barbarous dispossession” of Citgo, the U.S. subsidiary of Pdvsa, and that is in the process of being sold in U.S. courts for $5.9 billion to a company belonging to the Elliot Investment Management investment fund. “The government of Venezuela and Pdvsa were intentionally and illegally excluded from the process, thanks to the trafficking of influence …
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