Refiner Citgo Petroleum, the U.S. subsidiary of Venezuela’s state-held oil firm PDVSA, expects to play a “bridge” role in a Venezuelan transition once U.S. sanctions are lifted, and could help with the revamp of Venezuela’s decrepit refineries, Citgo’s chief executive Carlos Jordá told Argus in an interview.
“Citgo could provide a bridge for products and help someone to get those refineries started,” Jordá told Argus in the interview published this week. The U.S. sanctions on Venezuela have…Citgo Could Help Venezuela’s Refineries Get Started
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