In regards to Citgo valuation Three -refineries with a capacity of 750 000 bpd , gas stations across the country sounds a lot like suncor in terms of valuation to be honest. In regards to what they have
imho I don’t see how Maduro did not get 10billion dollars earlier, as an oil guy I think that’s pretty cheap for a vertically integrated petroleum company
in canada it costs about 10 billion to build a refinery with 70000-90000 bpd capacity
I imagine the refineries are cheaper built, labour’s cheaper, old. but still worth something