The U.S. refiner CITGO, owned by Venezuela’s PDVSA and the subject since 2019 of a dispute among creditors, governments, and rival boards, is experiencing a week of simultaneous developments.
In Moscow, Minister of Hydrocarbons Paula Henao defended the country’s gas potential before the Gas Exporting Countries Forum (GECF), and Vladimir Putin promised to continue cooperating with Caracas.
The technology, developed and manufactured in Venezuela, reduces electricity consumption by up to 50%, according to company information.
U.S. Secretary of State Marco Rubio toured the world’s largest refinery complex to discuss oil that only a handful of facilities can process: Venezuela’s heavy crude.
The Gilinskis are not a neutral actor on that board: they are simultaneously mass-consumption producers, bankers, publishers, and now oilmen with direct interests in Venezuela’s aperture.
The foreign policy of Venezuela governed by Delcy Rodríguez demands fundamental attention due to the regional and global implications that its configuration will have.
International human rights monitoring in Venezuela will remain active for at least two more years.
The two Persian Gulf monarchies would expand their influence in Caracas through this new financial arrangement with the IDB. Photo:…
President Delcy Rodríguez led the opening of Friday’s meeting with the IDB Group, held as part of the National Economic Council.
Discussion of Venezuela’s international finances usually focuses on the country as a debtor.
