VENEZUELA OF­FERS $5 MIL­LION TO HAR­VEY VIC­TIMS VIA CITGO

The Day - - WORLD & NATION -

Venezuela, still reel­ing from a fresh round of U.S. sanc­tions that make it harder to raise fi­nanc­ing in cap­i­tal mar­kets, of­fered $5 mil­lion to help vic­tims of Hur­ri­cane Har­vey in parts of Texas through its sub­sidiary Citgo Petroleum. Citgo, which op­er­ates the Cor­pus Christi Re­fin­ery with a ca­pac­ity to process 157,000 bar­rels a day, will pro­vide the aid to af­fected fam­i­lies through lo­cal may­ors and al­lot a per­cent­age of gaso­line rev­enue to the con­struc­tion of homes and shel­ters in and around Houston.

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