July 25, 2024

Venezuela Considers Privatizing Gas Stations in Historic Shift

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Under his plan, state-owned oil company PDVSA would permit private companies to import and distribute fuel, theoretically avoiding U.S. sanctions aimed at state entities, according to people familiar with the matter. This would be accompanied by a price hike, they said. By Fabiola Zerpa and Nicolle Yapur. Full Text -> Bloomberg

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