Bolton Says He Had a ‘Very Productive Meeting’ With Citgo Executives

Bolton warns traders not to deal in commodities 'stolen' from Venezuelan people

While he offered very little detail on what exactly was discussed, John Bolton reported he had a “very productive meeting” with the executive team of Citgo, a major US-based refinery company. Citgo is majority-owned by the Venezuelan government’s state-owned oil group PDVSA, and is a main way for Venezuela to monetize oil exports historically.

The talks came just days after the US hit the Citgo’s owner, the state-run PDVSA, with sanctions, and put restrictions on Citgo’s accounts to ensure that the Maduro government cannot access any money paid for oil imported to the US.

Bolton said he wants to ensure the money only benefits the “people of Venezuela,” and not the Maduro government. PDVSA is demanding pre-payment for all future oil shipments bound for the US.

Bolton also issued a statement on Twitter warning traders not to deal in “gold, oil, or other commodities” that in his view are being stolen from the Venezuelan people. Bolton said earlier in the week that the goal is to route all this money to the US-backed interim President Guaido, though he admitted this was a difficult process and the plans weren’t totally worked out.

Author: Jason Ditz

Jason Ditz is Senior Editor for Antiwar.com. He has 20 years of experience in foreign policy research and his work has appeared in The American Conservative, Responsible Statecraft, Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times, and the Detroit Free Press.