A mix of US aggression and Venezuelan opposition incompetence/collusion has all but sealed the fate of the Caribbean nation’s most valued foreign asset: CITGO. In the coming weeks and months, foreign corporations could break up and seize the company.
In this infographic we look at how Venezuela’s US-based refiner got to this point, the present threats and upcoming scenarios.
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Bye-bye CITGO? Washington and the Venezuelan opposition have imperiled the US-based subsidiary of Venezuela's state oil company PDVSA. Bondholders and corporations are lining up to seize CITGO shares as compensation for defaulted bonds or international arbitration awards. (Venezuelanalysis)
