Venezuela’s CITGO pledges an additional $1 million to Hurricane relief efforts

David McCollum reports that CITGO Petroleum Corporation president and CEO Felix Rodriguez announced the company has pledged an additional $1 million towards Hurricane Katrina relief efforts, bringing the total so far pledged by the company to $2 million.

“CITGO employees are actively participating in relief efforts in those cities where the company has a presence and evacuees are being received,” Rodriguez said. “We continue to monitor the situation and stand ready to help in every way we can.”

The additional funds will be used to help with relief efforts in cities such as Houston and Corpus Christi, Texas, and Lake Charles and Baton Rouge (Louisiana), he noted.

Rodriguez made the announcement at a press conference in Chicago and reaffirmed the commitment while attending the Muscular Dystrophy Association’s Annual Telethon in Los Angeles this weekend.

CITGO, owned by PDV America, Inc … an indirect wholly-owned subsidiary of Petroleos de Venezuela (PDVSA) has worked with MDA for the past 20 years. This year the company is presenting checks totaling $8 million for the fight against neuromuscular disease. The funds have been raised by the company’s marketers, employees and business associates.


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