Michael C. Lynch, president of Strategic Energy & Economic Research: “The Biden administration’s decision to stop blocking the sale of Citgo Refining so as to allow creditors of the Venezuelan government to be compensated marks another milestone in the devastation that the Chávez and Maduro regimes have inflicted on that country. Citgo’s acquisition by PDVSA in the 1980s at a bargain price was a feather in its cap and produced significant revenue and profits over the years. However, since the rise of Chávez, Venezuela’s resource nationalism has led the government to seize various assets, triggering arbitration and lawsuits, including the one targeting Citgo. Because the Venezuelan government regularly treats commercial and contractual obligations as political warfare, it has left itself open to the kinds of judgments that now appear likely to result in…”
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Editor
P. 202.463.2920
E. gkuleta@thedialogue.org
Carl David
Goette-Luciak
Reporter
Nili Blanck
Reporter
Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer
Jimena Blanco
Chief Analyst,
Verisk Maplecroft
María José Cortés
Head of ESG,
Atlas Renewable Energy
Jeffrey Davidow
Senior Counselor,
The Cohen Group
Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler
Jonathan C. Hamilton
Partner,
White & Case
Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter
James R. Jones
Chairman,
Monarch Global Strategies
Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher
Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil
Jeremy Martin
Director,
Energy Program,
Institute of the Americas
Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone
R. Kirk Sherr
President,
Clearview Strategy Group
Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue
Doris Rodríguez
Partner,
Hunton Andrews Kurth
Alexandra Valderrama
Director,
International Government
Affairs, Chevron
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