CARACAS (AFX) – Energy Minister Rafael Ramirez said the government plans to break in two the state-owned oil company, Petroleos de Venezuela SA, in a bid to end the six-week strike aimed at driving President Hugo Chavez from power. In an interview with the New York Times, Mr Ramirez said the government will “decentralise” the…
MARKETS: Venezuela govt to break PDVSA in two parts, oust anti-Chavez managers
Posted on January 10, 2003 by EnergyAsia