February 8, 2019 / 5:36 PM / 10 days ago

Venezuela's Maduro warns oil sales blockade would be "catastrophic"

CARACAS, Feb 8 (Reuters) - Venezuelan President Nicolas Maduro warned on Friday that blocking all oil shipments from his OPEC-nation would have “catastrophic consequences” in the wake of crippling sanctions imposed by the United States on state oil company PDVSA.

In a news conference in Caracas, Maduro also said anyone who accepted illegal nominations by the opposition to PDVSA and its U.S. subsidiary Citgo Petroleum Corp .

“The economic and social consequences of a total blockade to our oil shipments would be catastrophic,” he said. (Reporting by Caracas newsroom Writing by Sarah Marsh)

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