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Citgo sale may be submitted to referendum

Carlos Berrizbeitia, a parliamentarian for opposition Proyecto Venezuela party, plans to propose holding a referendum on the sale of Citgo Petroleum Corporation, a subsidiary of the Venezuelan state-run oil conglomerate Petróleos de Venezuela (Pdvsa).
 
Berrizbeitia, who questions President Hugo Chávez' rationale for selling Pdvsa refining arm in the United States as well as a huge network of gas stations in this country, stated that Citgo is a "Venezuelan asset" and, therefore, its sale is to be left to Venezuelans to decide.
 
He claimed that if the National Assembly does not call for a referendum on this subject, he would sponsor a signature collection move to seek a popular consultation.


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IISS: The FARC financed Chávez before 1999

10:07 AM. DIPLOMACY. Admired by the Colombian guerrilla after his coup attempt in 1992, the then lieutenant colonel Hugo Chávez Frías received financial support by the Colombian Revolutionary Armed Forces (FARC) for his projects after his capture that year. This mostly explains the relationship and "debt" between the parties, as revealed by a paper of the International Institute for Strategic Studies (IISS) of the United Kingdom.

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