(Energy Analytics Institute, Piero Stewart, 14.Dec.2018) — Heard on the street and LatAmNRG briefs from Venezuela related to Nicolás Maduro and the Petro, and PDVSA Ethanol.
![](wp-content/uploads/2018/12/maduro-12dec2018-source-pdvsa-energy-analytics-institute-300x200.jpg)
Petro Should Be Used to Liberate People In LAC Region
(Energy Analytics Institute, Piero Stewart, 14.Dec.2018) — Venezuela’s President Nicolás Maduro proposed that the Petro crypto currency be used as a focal point and instrument for the economic liberation of people in Latin American and Caribbean.
Details of his plan were broadcast on national television.
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PDVSA Ethanol Commences Work To Recuperate Biofuels Plant
(Energy Analytics Institute, Piero Stewart, 14.Dec.2018) — PDVSA Ethanol, a subsidiary of Petróleos de Venezuela, S.A. (PDVSA), initiated work to recover a Biofuels Distillation Plant (PDB) located in the Ospino municipality of the Portuguese state.
![](wp-content/uploads/2018/12/PDVSAetanol-14dec2018b-energy-analytics-institute-300x225.jpg)
The aim of the action is to promote development of Venezuela’s agro-industrial sector, PDVSA announced in an official statement.
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