Radar > 223856

Venezuela could sell oil assets to obtain liquidity

Venezuela podría vender activos petroleros para obtener liquidez

Intel ID : 223856
Synopsis

According to the media, Government of Venezuela has launched a campaign to obtain liquidity through the sale of oil assets abroad and obtaining new loans guaranteed through its US subsidiary Citgo.

The Government is preparing the sale of a 49% stake in Refidomsa. (See related radar). In addition, it could also sell Jamaica's debt with Venezuela for oil subsidies received through Petrocaribe.
(content in spanish)

Según un medio de comunicación venezolano, el gobierno de Venezuela ha iniciado una campaña para tratar de conseguir liquidez a base de vender activos petroleros al exterior y contrayendo nuevos préstamos garantizados por su filial estadounidense Citgo.

Entre las operaciones que están siendo preparadas por dicho gobierno, se encuentra la venta de su participación de 49% en Refidomsa. (Ver radar relacionado). También podría llevarse a cabo la venta de la deuda que Jamaica le debe a Venezuela por los subsidios petroleros que la isla recibe a través de Petrocaribe.

Seller


Intel ID 223856
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
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Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

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Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.