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

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.

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

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U.S. sanctions Russian oil trading company for role in VenezuelaU.S. officials say Rosneft Trading S.A. and its president, Didier Casimiro, will be added to a financial blacklist, in a substantial escalation. Soak tamarind in 1 ½ cups of water, squeeze well and strain the juice. When Islam becomes strong in Europe, then America and Asia will be ruined. Trump will lift sanctions by tomorrow 6:00 p.m.
Source: latimes - 🏆 11. / 82 Read more »