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Friday, September 20, 2019

Lewandowski, PDVSA, Citgo Trump



"A firm co-founded by Donald Trump’s initial campaign manager, Corey Lewandowski, quietly agreed to lobby for the oil company Citgo as the company, which is owned by the leftist government of Venezuela, was becoming increasingly embroiled in tensions involving the United States, Venezuela and Russia.



Officials with Lewandowski’s firm, Avenue Strategies, confirmed that last month it formalized a $25,000-a-month lobbying contract with Citgo.



 "...the Russian government-owned oil company Rosneft could be on the verge of taking control of Citgo. That’s because Venezuela’s national oil company, PetrĂ³leos de Venezuela, or PDVSA, took out a loan from Rosneft in December, offering as collateral 49.9 percent of Citgo’s shares



. International energy market analysts have predicted that the economic crisis in Venezuela could lead PDVSA to default on its debt, which would put Rosneft on the cusp of controlling three of the largest and most sophisticated refineries in the U.S., plus three major pipelines and dozens of fuel terminals."



https://www.politico.com/story/2017/05/03/corey-lewandowski-citgo-deal-237960



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"The White House on Friday announced a new round of sanctions against Venezuela that explicitly exempt the U.S. arm of the country’s state-owned oil company.



That company, Citgo, donated six-figure sums to Trump’s inauguration and recently hired former Trump officials to lobby for that exemption."



" Citgo has paid Avenue Strategies $160,000 to lobby the White House, the Treasury Department, the Justice Department, and the Energy Department on the “potential impact of U.S. energy and foreign policy restrictions on CITGO Petroleum Corporation's operations and valuation of assets,” according to disclosure filings."



https://www.thedailybeast.com/donald-trump-just-gave-a-big-carve-out-to-citgo-an-oil-giant-repped-by-his-ex-aides

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