Venezuela president names PDVSA head Tellechea as new oil minister

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Venezuela president names PDVSA head Tellechea as new oil minister
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Venezuelan President Nicolas Maduro on Tuesday named the head of state oil company PDVSA, Pedro Rafael Tellechea, as the new oil minister, a day after his predecessor resigned amid an extensive corruption investigation focused on the company.

Former minister Tareck El Aissami resigned on Monday after the arrest of several government officials and judges in connection with graft investigations.have also been detained over recent days.

earlier on Tuesday, after turning to dozens of little-known intermediaries to export its oil under U.S. sanctions. He kept that post even as he ran PDVSA. It was unclear whether a successor or successors would take over those jobs.

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