Venezuela Appoints General to Tighten Grip on Oil Industry - News Summed Up

Venezuela Appoints General to Tighten Grip on Oil Industry


General Quevedo joins several current and retired military officials whom Mr. Maduro has named to leadership posts in his government, including a general who was put in charge of the Transportation Ministry on Sunday. General Quevedo replaces two civilians at the oil ministry. Sign Up You agree to receive occasional updates and special offers for The New York Times's products and services. Debt payments have helped drain the government’s coffers of foreign currency that might otherwise be used to import food, medicine and other critical imports. Yet Pdvsa still accounts for nearly all of the country’s export earnings and roughly half of government revenues.


Source: New York Times November 28, 2017 01:30 UTC



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