Advisers to Venezuelan Congress head Juan Guaido have proposed appointing executives Luisa Palacios, Angel Olmeta, Luis Urdaneta and Edgar Rincon to a transitional board for U.S. refiner Citgo Petroleum Corp, people close to the talks said on Tuesday.

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The board would function as an interim overseer over Venezuela`s most important foreign asset, with specific duties to be assigned by Guaido`s team, the people said. The subsidiary of state-run oil firm PDVSA has become the biggest prize in a contest between Guaido and leftist President Nicolas Maduro.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)