© Reuters. FILE PHOTO: Citgo Petroleum refinery is pictured in Sulphur, Louisiana, U.S., June 12, 2018. REUTERS/Jonathan Bachman/File Photo
By Marianna Parraga
HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday’s vote by Venezuela’s opposition-led National Assembly to dissolve an interim government and appoint a commission to oversee the country’s foreign assets, including Citgo.
Venezuela-owned Citgo, a unit of state oil company PDVSA, since 2019 has been run by boards appointed by a Congress led by opposition chief Juan Guaido, whom Washington has recognized as Venezuela’s legitimate leader and who was ousted on Friday.
Citgo did not immediately reply to a request for comment.
Read full report
Source link