Dozens of Firms Interested in US Auction of Citgo’s Parent Company

A court-ordered auction of the shares of the parent company of Venezuela-owned U.S. oil refiner Citgo Petroleum has attracted dozens of companies interested in the data and the auction process, sources with knowledge of the matter told Reuters on Monday.

Dozens of Firms Interested in US Auction of Citgo’s Parent Company

Previously:

Deep Dive into the 2020 Guyanese Election & Venezuela-Guyana Border Dispute

Regarding the recent ICJ ruling (presided over by former State Department employee, Judge Joan Donoghue) on the Venezuela-Guyana border dispute and the 2020 Guyanese general election: I have come to the conclusion, based on my research, that the USG—along with the UK Foreign Office and Canada—interfered in the 2020 election, in order that their favored candidate (Irfaan Ali of the People’s Progressive Party/Civic) would become President, and that disputed territory, of Essequibo, rightfully belongs to Venezuela.

Research:

Part 2 (Rough Draft):

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Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

The parallel AN will appoint a five-person “Administration and Asset Protection Council” to manage resources. The “interim government” had recurring budgets assigned by the US Treasury Department, drawing funds from frozen accounts belonging to the Venezuelan state. Last week, the US Senate approved US $50 million for “democracy promotion” programs in Venezuela for 2023.

At the time of writing, the US has yet to comment on the reconfiguration of the opposition structures. However, the proposal was reportedly run by US officials during meetings with opposition representatives in Washington.

In the run-up to Thursday’s vote, Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols stated in an interview that the Biden administration would follow whatever the anti-government majority decided. An anonymous spokesperson from the US National Security Council likewise told Reuters that the White House would continue recognizing the “interim government” “regardless of the form it takes.”

Next up: Leopoldo López or Henrique Capriles?!

Related:

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US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling

Caracas, August 24, 2022 (venezuelanalysis.com) – A Washington D.C. federal judge has granted US oil corporation ConocoPhillips final approval to enforce a multi-billion arbitration award against Venezuela.

US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling

Related (original behind a paywall):

ConocoPhillips Gets $8.5B Venezuela Award OK’d In DC