Venezuela's Guaido to appoint oil industry veteran Baquero as PDVSA president: sources
Staff / Platts
Petroleumworld 02 06 2019
Self-declared Venezuelan interim president Juan Guaido has said he will appoint Gustavo Baquero, an oil industry veteran and university professor, as president of state PDVSA, sources close to Guaido said Tuesday.
There was no information available about who would accompany Baquero on a parallel PDVSA board of directors appointed by Guaido, the leader of Venezuela's National Assembly. There were also no details of the date on which the appointment of Baquero will be made.
An engineer, Baquero, 43, has extensive international experience in the oil industry, studied business at Harvard University and graduated from the Andres Bello Catholic University (UCAB) in Caracas. He has been a professor of petroleum economics at the UCAB and of business management of hydrocarbons at the Institute of Higher Studies in Administration (IESA) in Caracas.
Since proclaiming himself interim president on January 23 and leading the popular movement to overthrow the government of President Nicolas Maduro. The Maduro regime has come under increasing international pressure, with Guadio recognized as interim president by more than 40 governments, including the US, Brazil, Canada, France, Germany and the UK.
Manuel Quevedo, a former brigadier general in the National Guard with no previous oil experience before being posted to the position by Maduro in late 2017, as the head of PDVSA and oil minister. In his capacity as Venezuela's top OPEC representative, Quevedo holds the rotating OPEC presidency for 2019.
Guaido has also announced plans to revamp the board of PDVSA's embattled US refining and marketing unit, Citgo Petroleum, to ease political pressures on the company.
We invite you to join us as a sponsor.
Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.
Edited by Richard Rubin from S&P Global Platts
spglobal.com 02 05 2019
Hit your target - Advertise with us
PW 300.000 plus request per week
Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.
We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.
Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.
Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to email@example.com
By using this link, you agree to allow PW
to publish your comments on our letters page.
Any question or suggestions,
please write to: firstname.lastname@example.org
Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels