NewsNet retrieved
Venezuelan state oil firm PDVSA has told independent gas station operators it can revoke their licenses “at any time,” only weeks after it cut generous fuel subsidies and as widespread shortages take hold, a notification PDVSA sent to the operators showed. PDVSA has a monopoly over the wholesale fuel distribution market and owns almost all of the country’s 1,200 service stations, although most are operated by private companies through commercial licenses. Full Text-> ArabNews
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