Venezuela Eyeing $10 Billion Sale of Citgo to Counter Economic Woes

by | published August 8th, 2014

Facing rampant inflation and a shortage of dollars, Venezuela’s state-owned oil company, Petróleos de Venezuela SA (PDVSA), is looking to sell its Citgo assets for $10 billion.

But the deal may be undervalued, and the PDVSA’s financial problems may be the work of the Venezuelan government.

Here’s why…


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  1. Norma gold
    September 18th, 2014 at 23:46 | #1

    Dear Dr Moors,

    Just joined the Energy Inner Circle a couple of days back and already very impressed with the vital information
    You share to us. Hopefully , you stay long enough to guide us recover our losses in the past. Very Very impressed..

    Norma Gold and family

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