Guaido announces control of Citgo

File AP

UNITED STATES (VOP TODAY NEWS) — Venezuelan opposition leader Juan Guaido, who declared himself interim president, said he controls Citgo, a division of the state-owned oil company PDVSA in the US.

“They wanted to steal everything, but we have control over Citgo and a license to continue the company’s activities, which saves an important state asset,” he wrote on Twitter.

On the eve of the United States, until April 28, the licenses to carry out certain transactions for PDVSA subsidiaries – Citgo (49.9 percent of whose shares are pledged to the Russian Rosneft) and PDV Holding, Inc. were extended.

At the same time, the US Treasury stressed that it still impedes the receipt of funds by the government of the legitimate president of Venezuela, Nicolas Maduro.

In late February, Citgo announced that it had adopted a new board of directors appointed by the opposition, and began to search for a new head of the company. Later it became known that the division broke ties with PDVSA.

The United States imposed sanctions against PDVSA on January 28th. Washington has blocked the assets and interests of the company in its jurisdiction of seven billion dollars, another 11 billion, according to the White House, will be a loss in oil supplies.

This article is written and prepared by our foreign editors writing for VOP from different countries around the world – edited and published by VOP staff in our newsroom.

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