CITGO: A Multi-billion Dollar Heist?

A detailed and interactive infographic to recap how CITGO came to face its looming breakup as creditors line up for a court-ordered auction.

A combination of US aggression and Venezuelan opposition incompetence/collusion has doomed the Caribbean nation’s most valued foreign asset: CITGO. A Delaware court has ordered a sale of the company’s shares to pay creditors, making a breakup likely in the coming months.

This interactive infographic retraces the recent history of Venezuela’s US-based refiner got to this point and the present stakes.

(To download the full infographic, click here)

Some information on arbitration awards supplied by Francisco Rodríguez.