EPISODE · Oct 23, 2019 · 7 MIN
Citgo's fate hangs on PDVSA bond payment deadline
from Capitol Crude: The US Energy Policy Podcast · host S&P Global Platts
The future of Citgo and its three US refineries hangs on this weekend's deadline for the interim Venezuelan government to make a massive bond payment that it can't likely pay. The Guaido administration's ad-hoc PDVSA board could lose control of Citgo because the loan is backed by a 50.1% stake in...
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