Committee overhauling PDVSA asks vice presidents to offer resignations: sources

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Members of a committee tasked with overhauling Venezuelan state oil firm Petróle...

FILE PHOTO: A state oil company PDVSA's logo is seen at a gas station in Caracas, Venezuela May 17, 2019. REUTERS/Ivan Alvarado

The committee could accept the resignations or maintain those officials in their posts, according to one of the sources. President Nicolas Maduro on Wednesday created the committee, which he said would help recover slumping production, a day after the United States sanctioned a Russian firm that has helped Venezuela export crude despite a broad sanctions campaign.

Maduro is seeking to turn around years of declining output, which accelerated after Washington opened a sanctions campaign meant to push him from office.

 

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