CITGO: A Multi-billion Dollar Heist?
An interactive infographic recaps how US actions and Venezuelan opposition collusion all but sealed the loss of CITGO.
A combination of US aggression and Venezuelan opposition incompetence/collusion condemned the Caribbean nation to lose its most valued foreign asset: CITGO. A Delaware court auction of the company’s shares to repay a list of creditors is underway, with a final resolution expected in mid-2025.
This interactive infographic retraces how Venezuela’s US-based refiner got to this point, the key events and the debts involved.
(To download the full infographic, click here)
Some information on arbitration awards supplied by Francisco Rodríguez.