Justice of the USA rules December hearing of Crystallex and Conoco against PdvsaA US judge is ready to hear the arguments in two crucial cases against Venezuela presented by the oil companies Crystallex and Conoco Philips on December 20, where the property of Citgo, the US subsidiary of Petroleos de Venezuela (PDVSA), is at stake.E

l District Judge Leonard P. Stark in Wilmington, Delaware, listen to lawyers on the case of Crystallex International Corp. against Venezuela, as well as the case of Conoco Philips Petrozuata vs Petroleos de Venezuela SA, according to court documents reviewed by the Bloomberg agency .

Judge Leonard P. Stark "will hear an argument on all pending motions and compensation requests, in each of these cases related to Venezuela, Pdvsa, Pdvh or Citgo," according to an oral order issued on October 9.

"All parties and other persons who have filed a motion or request for compensation will meet and consult and, by November 30, submit a single joint status report (which will be included in each of these actions that contain their proposals) of the hearing and the order in which the various motions / pending requests must be argued ".

On August 9, Stark ruled that Crystallex International Corp. may confiscate the shares of PDV Holdings to satisfy a $ 1.2 billion arbitration for the nationalization of the Las Cristinas gold reserve in 2011, ordered by the now-deceased former president of Venezuela Hugo Chávez.In early September, PDVSA's creditors applied to intervene in the sale of shares of the refiner of Citgo Holding Inc., Venezuela's largest asset in the United States.

On August 20, ConocoPhillips said it will receive $ 2 billion in an agreement with Petróleos de Venezuela SA

THE CASE: Crystallex International Corp. v. Bolivarian Republic of Venezuela, 17-mc-00151, United States District Court. UU., District of Delaware (Wilmington)