Petroleos de Venezuela SA turns to Euros for oil payments
Dollar done?
CARACAS (AFP) — Venezuelan state oil giant PDVSA has decided to sign some oil contracts in euros in the face of a plummeting dollar, local media reported, citing officials.”There are some contracts in euros, contracts for crude, products and spot markets in euros. This is a subject which we are working on,” said energy minister and Petroleos de Venezuela (PDVSA) chief, Rafael Ramirez, in an interview with the journal El Universal published Friday.
