LatAmNRG Briefs: Maduro’s Petro, PDVSA Ethanol

(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.

Venezuela’s President Nicolás Maduro. Source: PDVSA

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.

PDVSA Ethanol President Mary Nava, left. Source: PDVSA

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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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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