May 20, 2024

Citgo sale process to proceed

Retrieved from CITGO

A process to establish the sale of shares of Venezuela’s state-controlled US refiner Citgo will move forward after a federal judge today denied a request to pause the process while Venezuela seeks an appeal. US Delaware District Judge Leonard Stark denied the request to halt that work while Venezuelan national oil company PdV, Citgo and Citgo’s US holding company appeal a decision to move forward with a sale process to the 3rd US Circuit Court of Appeals. By Elliott Blackburn. Full Text-> ArgusMedia

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