Venezuela Rejects Citgo Sale, Files Appeal

Venezuela Rejects Citgo Sale, Files Appeal

Update: 2025-12-02
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Venezuelas Vice President, Delcy Rodríguez, condemns the forced sale of Citgo Petroleums parent company, PDV Holding, to Elliott Investment Management. The Venezuelan government opposes the sale, calling it an unjust legal process. Lawyers representing Venezuela and its affiliates have filed an appeal, challenging the Delaware judges order. The ongoing dispute highlights the complex legal and political battles surrounding international assets.

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Venezuela Rejects Citgo Sale, Files Appeal

Venezuela Rejects Citgo Sale, Files Appeal