IPFS News Link • Venezuela
Venezuela Pitches Petro To OPEC As Unit Of Account For Oil
• https://www.zerohedge.com, by Ana BermanThe PDVSA has cited its president Manuel Quevedo, who also holds the position of Venezuela's Minister of Oil and Mining, speaking about the future presentation:
"We will be presenting Petro to OPEC in 2019 as the main digital currency backed by oil."
According to the PDVSA, Quevedo also added that Petro will be offered as a unit of account for global crude oil trading, noting that all Venezuelan oil will be traded for Petro.