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Venezuela's Maduro taps sanctioned VP to 'restructure' oil industry

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Venezuelan President Nicolas Maduro said on Wednesday he would create a presiden...

CARACAS - Venezuelan President Nicolas Maduro said on Wednesday he would create a presidential commission to restructure the country’s beleaguered oil industry, which will be led by Vice President for the Economy Tareck El Aissami.

Declaring an “energy emergency,” Maduro set a goal for Venezuela to raise crude output to 2 million barrels per day this year, more than double current levels. The grouping will also include Asdrubal Chavez, a cousin of late leftist President Hugo Chavez who was the chief executive of PDVSA’s Houston-based refining subsidiary, Citgo Petroleum Corp, until Venezuela’s opposition wrested control of that company following sanctions last year.

 

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So the drug kingpin is going to tell the former general how to shape up his oil business?

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ソース: latimes - 🏆 11. / 82 続きを読む »