Submitted by CITGO Petroleum Corporation
CITGO Petroleum Corporation announced today that it has made a donation of $500,000 to the Coastal Bend Community Foundation to assist local authorities in providing services to those afflicted by the Hurricane’s devastating path. The donation is in addition to potable water and fuel the company has already donated to local residents and first responders. The funds will ensure that local first response teams can continue their relief efforts, provide basic necessities such as food and water to flood victims, and address other immediate needs.
“As a company with operations throughout the Gulf Coast, we have seen first-hand the devastation caused by this historic storm. Our hearts go out to those recovering from this catastrophic event, some of which include our very own employees,” said CITGO Acting President and CEO José Pereira.
In Corpus Christi, the $500,000 will be allocated immediately as an emergency fund to support the City of Corpus Christi and other Coastal Bend communities with its relief efforts. Additionally, CITGO will be donating a percentage of fuel sales that will go toward housing rebuilding efforts in the most disadvantaged communities that were affected in our region. Details of this program are being developed and will be made public once finalized.
“I continue to be overwhelmed by the bigness and goodness of the citizens of South Texas to pull together in times like these. Words are inadequate to fully express my profound appreciation to CITGO for their generous contribution to help our citizens in the Coastal Bend,” said Corpus Christi Mayor Joe McComb.
CITGO has a refinery in Corpus Christi, TX, with more than 1,000 employees and contractors. The company has historically supported disaster relief programs as part of its social responsibility efforts in the communities in which it operates and beyond.
CITGO, based in Houston, is a refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. The company is owned by CITGO Holding, Inc., an indirect, wholly-owned subsidiary of Petroleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela.
For more information, visit www.CITGO.com.
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Headquartered in Houston, Texas, CITGO Petroleum Corporation is a recognized leader in the refining industry with a well-known brand. CITGO operates three refineries located in Corpus Christi, Texas; Lake Charles, La.; and Lemont, Ill., and wholly and/or jointly owns 48 terminals, nine pipelines and three lubricants blending and packaging plants. With approximately 3,400 employees and a combined crude capacity of approximately 769,000 barrels-per-day (bpd), CITGO is ranked as the fifth-largest, and one of the most complex independent refiners in the United States. CITGO transports and markets transportation fuels, lubricants, petrochemicals and other industrial products and supplies a network of approximately 4,700 locally owned and operated branded retail outlets in 30 states and the District of Columbia. CITGO Petroleum Corporation is owned by CITGO Holding, Inc. For more information, visit www.CITGO.com.
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