"

HOUSTON – May 17, 2012 – CITGO Petroleum Corporation and its Corpus Christi refinery have announced they will invest up to $1.5 million in the Hillcrest Community to support local non-profit organizations that provide crucial services to the neighborhood. CITGO executives joined members of the community to sign a letter announcing the grant program at the Oveal Williams Senior Center on Thursday, May 17, 2012.

“CITGO has always given back to Corpus Christi,” said Sonny Loudon, vice president and general manager of the CITGO Corpus Christi refinery. “This new investment takes that commitment one step further to focus on specific programs for the fence line community of Hillcrest.”

CITGO will launch a qualitative field study of social issues in the community, led by an independent organization. This data, combined with other research and surveys that have been conducted among Hillcrest residents since 2004, will help to identify areas to address, to help make Hillcrest a more vibrant community. The information yielded from this field study will help to prioritize the programs that receive funding.

All qualified Corpus Christi-based 501(c)(3) organizations who offer services to the Hillcrest Community related to job development/training, education, health and the environment will be eligible to apply for grants, the funds for which will be donated over a three-year period. The application process is expected to open in early June 2012. A seven-member advisory committee consisting of community leaders will assist in reviewing the applications and determining which programs will be funded for the upcoming year. More information will be available over the next several weeks on the CITGO Corpus Christi refinery website at www.citgocorpuschristi.com.

“Hillcrest is our neighborhood, too,” added Loudon. “We are committed to making positive changes, whether it’s through a major investment like this grant program, or through smaller projects by our employee volunteer group, the CITGO Cares Team, to clean-up parks and restore recreation areas. We want to put programs in place that will help today, and also foster changes for generations to come.”

The CITGO Corpus Christi Refinery directly employs more than 1,000 local residents while generating more than $625 million per year in support of the local economy through salaries, services and taxes. In addition to producing high quality fuels for the network of nearly 6,000 independently owned and operated CITGO branded stations across the country, Corpus Christi refinery employees make a major positive impact on the community. Over the last five years, CITGO and its employees have given almost 13,000 volunteer hours and nearly $6 million dollars in support of community programs such as United Way, Charlie’s Place, Muscular Dystrophy Association, The Miracle League, Catholic Charities, the Special Olympics and a variety of environmental and preservation initiatives, such as the revitalization of the Gateway to Corpus Christi, Hans and Pat Suter Park and Adopt-A-Beach Clean Up.

Our initiatives in the Hillcrest Community and throughout our regions are designed to make a lasting positive difference, and are in direct alignment with the social development principles of our shareholder, Petróleos de Venezuela, S.A. (PDVSA), the national oil company of the Bolivarian Republic of Venezuela.

CITGO, based in Houston, is a refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products.  The company is owned by PDV America, Inc., an indirect wholly owned subsidiary of Petróleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela.

 For more information visit www.citgo.com.

 -o0o- 

Pictured from left: Reverend Henry Williams, president, Hillcrest Neighborhood Association, Patty Clark of Corpus Christi Metro Ministries, Linda McKamie of Catholic Charities, Sonny Loudon, vice president CITGO Corpus Christi Refinery and Larry Elizondo Public Affairs manager, CITGO Corpus Christi Refinery.

Sonny Loudon, vice president CITGO Corpus Christi Refinery

 

"