U.S. senators seek review of potential Russian control of Citgo

U.S. senators seek review of potential Russian control of Citgo


By:  Timothy Gardner
Reuters

 

WASHINGTON (Reuters) - Two U.S. senators have urged the Trump administration to clarify if it is reviewing the potential acquisition by Russian oil company Rosneft of Venezuela’s state oil company PDVSA and U.S. subsidiary Citgo, saying a shift in Citgo’s assets would be a security risk.

Democrat Bob Menendez and Republican Marco Rubio asked whether the Committee on Foreign Investment in the United States, or CFIUS, is looking into if the political crisis in Venezuela could lead to a change in the control of its oil assets, according to a letter sent to Treasury Secretary Steven Mnuchin dated Sept. 18, seen by Reuters.

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