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Tue Apr 11, 2017, 08:30 AM

Russia on verge of taking ownership of US oil company citgo which is based

in Houston, TX. Both republicans and democrats are alarmed. (cnn news).

10 replies, 3691 views

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Reply Russia on verge of taking ownership of US oil company citgo which is based (Original post)
caroldansen Apr 2017 OP
bdamomma Apr 2017 #1
mrsv Apr 2017 #2
bdamomma Apr 2017 #3
DFW Apr 2017 #4
NCTraveler Apr 2017 #5
TBA Apr 2017 #6
csziggy Apr 2017 #8
MedusaX Apr 2017 #7
Achilleaze Apr 2017 #9
heaven05 Apr 2017 #10

Response to caroldansen (Original post)

Tue Apr 11, 2017, 08:35 AM

1. is there a link to this story?

thanks

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Response to mrsv (Reply #2)

Tue Apr 11, 2017, 08:49 AM

3. welcome to DU

and thanks

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Response to caroldansen (Original post)

Tue Apr 11, 2017, 08:50 AM

4. First I heard of it, but not surprising

Trump has to pay off his debts SOMEHOW. Can you spell Хюстон?

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Response to caroldansen (Original post)

Tue Apr 11, 2017, 08:50 AM

5. Venezuela Creditor Seeks Asset Freeze on U.S. Refiner Citgo

 

Venezuela’s state-owned oil company should be stopped from plundering its U.S. subsidiary Citgo Holding Inc., according to court papers filed Monday evening by a creditor seeking $1.4 billion from the South American country.


https://www.wsj.com/articles/venezuela-creditor-seeks-asset-freeze-on-u-s-refiner-citgo-1491867718

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Response to caroldansen (Original post)

Tue Apr 11, 2017, 08:51 AM

6. Isn't Rosneft

the oil company that circumstantial evidence indicated DT was given a significant ownership of?

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Response to TBA (Reply #6)

Tue Apr 11, 2017, 09:26 AM

8. Cater Page is linked to a 19% sale of Rosneft

No one has been able to trace where those shares went.

According to allegations in the Steele Dossier, former Trump adviser Carter Page allegedly acted as the go-between between Trump and the Vladimir Putin run oil company, meeting with Rosneft CEO Igor Sechin, who proposed arranging a transfer of the shares to Trump in exchange for removing the United States economic sanctions, which were put in place under former President Barack Obama as retaliation for Putin and Russia’s annexation of Crimea and proxy war against Ukraine.

In an interview with ABC News, Page denied earlier this month that the alleged meeting with Sechin took place, and that he took part in negotiating any quid pro quo between Russia and Trump.

But political writer Alex Mohajer in his now-retracted Sunday Huffington Post piece presented evidence that at least part of that $11 billion sale — 19.5 percent of the massive oil company — was connected to a Cayman Islands company at least potentially related in some way to businesses run by Steve Schwarzman, the billionaire CEO of Blackstone Group, a major Wall Street financial management firm. (See update.)

UPDATE AND CLARIFICATION 2/14/17: The original version of this article, based on the above-referenced Huffington Post report, used the term “linked” to describe the possible relationship between Trump friend Steve Schwarzman’s businesses and the Rosneft sale. However, the author of that Huffington Post article now says that his story has been retracted temporarily until or if a more solid link can be established. This Inquisitr article has since been modified to reflect the uncertain nature of any connection to Schwarzman, but reporting presented below also relies on other, independent sources.
http://www.inquisitr.com/3974758/donald-trump-russia-steve-schwarzman-vladimir-putin-rosneft-steele-dossier-bribe-blackstone/


Memos: CEO of Russia's state oil company offered Trump adviser, allies a cut of huge deal if sanctions were lifted
Natasha Bertrand
Jan. 27, 2017, 7:06 AM

A dossier with unverified claims about President Donald Trump's ties to Russia contained allegations that Igor Sechin, the CEO of Russia's state oil company, offered former Trump ally Carter Page and his associates the brokerage of a 19% stake in the company in exchange for the lifting of US sanctions on Russia.

The dossier says the offer was made in July, when Page was in Moscow giving a speech at the Higher Economic School. The claim was sourced to "a trusted compatriot and close associate" of Sechin, according to the dossier's author, former British spy Christopher Steele.

"Sechin's associate said that the Rosneft president was so keen to lift personal and corporate western sanctions imposed on the company, that he offered Page and his associates the brokerage of up to a 19 per cent (privatised) stake in Rosneft," the dossier said. "In return, Page had expressed interest and confirmed that were Trump elected US president, then sanctions on Russia would be lifted."
http://www.businessinsider.com/carter-page-trump-russia-igor-sechin-dossier-2017-1

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Response to caroldansen (Original post)

Tue Apr 11, 2017, 09:12 AM

7. The plan is coming together.......

Dec. 2016
Rosneft Trading SA
Loans $1.5billion to
Venezuela PDV SA against 49.9% of US CITGO Holdings / CITGO Petroleum
Which includes 3 refineries and pipelines (749,000 bpd)
* Corpus Christi, Tx
* Lemont, Illinois
* Lake Charles, La. (6th largest in US)
(Hmmmm... sounds like a down payment on a future sale ... contingent upon sanctions being lifted)

Rosneft ownership is roughly
19.25% BP
19.50% QHG******
10% Russian Stock Market
50% Russia
1.25% other


The QHG 19.5% = the mystery shares referenced in the Steele/Trump Dossier ...

Russia's VTB temporarily loaned QHG 10.2billion (euro) to purchase the 19.5% of Rosneft

One report claimed:
The loan was satisfied by a combination of payments:
300million euros from GlenCore
2.5 billion from Qatar
5.2 billion from Intesa SanPaolo on behalf of QHG (loan)
2.2billion ???? Not clear


Another report claimed Intesa-SanPaolo had in fact mortgaged the entire 10.2b euros

QHG is made up of GlenCore & Qatar...
and
GlenCore = BP + Qatar

GlenCore
Lists as a director
Peter Grauer (Bloomberg) also a
director - Blackstone

QHG's loan from Intesa SanPaolo (Italian bank) who has partnership with GSO Capital division of Blackstone

Blackstone founder Steve Schwarzman formerly (2011-14) on Advisory Board of RDIF
(Russian Development Investment Fund)

Russian source says
QHG likely to default on loan

(Strange, Qatar has hundreds of billions... why finance? Why default? Perhaps just the mutually trusted neutral middleman?)


Meaning Intesa or whomever it assigns the loan to (GSO Capital/ Blackstone) will own that 19.5% upon default by QHG.... likely to occur immediately after sanctions are lifted.

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Response to caroldansen (Original post)

Tue Apr 11, 2017, 09:27 AM

9. republicans pretending to be "alarmed"

but actually licking their fangs as their BFF's in russia are about to score bigly and take the USA down another notch in the planet-destruction follies.



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Response to caroldansen (Original post)

Tue Apr 11, 2017, 10:40 AM

10. that was quick

 

and I'm sure in 4 years(if idiot-potus lasts that long) amerikkka will be owned by russia, lock, stock and barrel of oil. The despicable deplorables have given us some disastrous people to run our country and the ignorant people who voted for this fucking clown are still telling me, give him a chance, wait and see.... I just never realized how deep the stupid runs in this country.

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