The auction of CITGO Petroleum, a key subsidiary of Petróleos de Venezuela (PDVSA) in the United States and illegally seized by the US government, is in its final stages, marking a crucial moment not only for Venezuela but also for other countries with investments in the US. According to recent reports, the judicial process, which will culminate in the illegal sale of Citgo, is continuing despite protests from President Nicolás Maduro’s government.
The company, which owns strategic refineries in Texas, Louisiana, and Illinois, represents Venezuela’s most valuable asset outside its borders, with a significant pipeline network and more than 4,000 gas stations in the United States.
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