Venezuelan oil minister and the chief of Venezuela’s national oil and natural gas company PDVSA, Manuel Quevedo, said on Friday that the PDVSA subsidiary petrochemical company Monomeros is at risk of being destroyed by the political opposition and called upon the international community to scrutinize this situation.
In March, the Venezuelan National Assembly, which is currently controlled by the opposition under Juan Guaido, has appointed its people to the board of national petrochemical companies of Petroquimica de Venezuela (Pequiven, subsidiary of PDVSA) and Monomeros Colombo Venezolanos (Colombian branch of Pequiven).
“They try to destroy the company which used to be fully functional and which in 2018 was producing 860,000 tons of fertilizers, which is at 92 percent of its capacity, and in 2019 is producing at 22 percent of its capacity, or 176,000 tons, in 2019,” Quevedo said.
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