As Venezuela's government reduces the workweek to two days to save money and cuts off imports to avoid bankruptcy, the country has only one major overseas asset left: a refining company in Houston called Citgo, the Houston Chronicle reports.
"They are heavily leveraging Citgo because they want the cash," said Francisco Monaldi, fellow in Latin American energy policy.
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Jun 26 2022 | Center for Health and Biosciences
Benigna Cortés Leiss
Jun 24 2022 | Center for Energy Studies