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Venezuelan President appoints new Oil Minister

Venezuelan President Nicolás Maduro announced on Tuesday night that he had appointed the president of the state-owned oil company Petróleos de Venezuela (PDVSA), Pedro Tellechea, as the new Minister of Energy and Petroleum.

“I had a meeting with the president of PDVSA, Engineer Pedro Tellechea; I appointed him as the new Minister of Petroleum within the framework of the transformation process that the industry is undergoing,” the president announced through Twitter.

The head of state announced the above a day after the resignation of his former Minister of Petroleum, Tareck El Aissami, who was in charge of the national oil policy since April 2020.

Pedro Tellechea. (Photo internet reproduction)
Pedro Tellechea. (Photo internet reproduction)

El Aissami resigned after the revelation of a robust corruption scheme in the oil industry, for which several former high-level officials have already been captured and placed under the orders of the Venezuelan justice system.

He also established himself in charge of the investigations.

Pedro Tellechea is a Military Sciences and Arts graduate and Mechanical Engineer, a specialist in Public Finances, and head of several companies, including the state-owned petrochemical company Pequiven. On January 6 of this year, he was appointed as the highest authority of PDVSA.


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