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Yet another Russian connection

By Laurie Bennett

May 4, 2017 at 6:31am

President Trump’s former campaign manager, Corey Lewandowski, has signed a lobbying deal with Citgo oil company, Politico reports.

Citgo is a subsidiary of Venezuela-owned Petroleos de Venezuela, and has borrowed heavily from Rosneft, a company owned by the Russian government.

Although no Senate registration has yet been published for Lewandowski’s lobbying firm, Avenue Strategies, Politico reports that officials at the firm confirmed the $25,000-per-month lobbying contract.

Politico’s Kenneth Vogel writes:

“There are rising concerns that the Russian government-owned oil company Rosneft could be on the verge of taking control of Citgo. That’s because Venezuela’s national oil company, Petróleos de Venezuela, or PDVSA, took out a loan from Rosneft in December, offering as collateral 49.9 percent of Citgo’s shares. International energy market analysts have predicted that the economic crisis in Venezuela could lead PDVSA to default on its debt, which would put Rosneft on the cusp of controlling three of the largest and most sophisticated refineries in the U.S., plus three major pipelines and dozens of fuel terminals.”

The Muckety map above is interactive. The salmon-colored boxes represent Russian-owned entities. Doubleclick on them to find many more Russian connections.

Update: Politico reports that Lewandowski has resigned from Avenue Strategies.

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