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Venezuela to sell oil products in cryptocurrency Petro

Last update: 07/12/2018
 
CARACAS, Dec 7 (Bernama) -- Venezuela will sell its oil products abroad in cryptocurrency Petro next year, Xinhua news agency reported President Nicolas Maduro as saying.

"For 2019, we have a timetable to have all of our oil products sold in Petro," Maduro told state-run Venezuelan Television in Moscow, where he is currently on an official visit.

The move aims to minimise the use of the US dollar, he said, adding that it is being repeated in other parts of the world.
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