The CITGO petroleum corporation was pleased the decision of the Court of Delaware, United States, where it accepts the new Ad Hoc Administrative Board of Petróleos de Venezuela S.A. (PDVSA) appointed by the President (E) of the Republic, Juan Guaidó.
The decision of the Delaware Court was published on August 2 and was described by CITGO as an “important victory.”
“This decision is an important victory for CITGO, and is in line with other decisions of various courts in the United States of America that have recognized the interim government of President Guaidó as the legitimate representative of the Venezuelan people,” the official statement said.
CITGO took advantage of the pronouncement to express its rejection of the Nicolás Maduro’s regime and to point out the abuses it has committed to the Venezuelan oil system: “The Delaware Court has rejected the abuse of the Nicolás Maduro’s regime of the American judicial system to advance its anti-democratic agenda”.
In recent days, this same Ad Hoc Administrative Board managed to avoid the immediate execution of PDVSA’s assets after Canadian miner Crystallex International sued Venezuela for the expropriation carried out by the Hugo Chavez regime in 2008.