LatAmNRG Briefs: Maduro’s Petro, PDVSA Ethanol

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(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)

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