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Key facts:
The government officially that the fuel may be purchased with PTR and in foreign currency.
The payment option will be available in 200 stations. The liter will cost us $ 0.50.
The government of Venezuela announced this weekend a new scheme to pay for the gasoline in which was included the use of foreign currencies, and the project criptomoneda national, the petro (PTR). From this Monday, June 1, venezuelans can fill their vehicles with fuel and pay with us dollars or euros, for example.
Under this method will work 200 service stations in which a liter of fuel will cost $ 0.50. The users that use this option you will have no limitations to the assortment, that is to say, will be able to buy the amount of gasoline that they need without being tied to a quota monthly, at least in theory.
It was not specified on the location of these distribution centers, but it was noted that the stations will be managed by private companies, which would be importing gasoline, and that will provide service between 6:00 a.m. and 12:00 midnight.
According to Tareck El Aissami, the vice president for the economic area of Venezuela, the government authorized the import of gasoline for entrepreneurs, owners of service stations, to participate in the distribution of gasoline. It was not specified what methods were employed to select these 200 stations.
“Private entrepreneurs have requested that the bolivarian government, through the ministry of oil, a license to import fuel and they have been authorized. In the case of these stations are going to sell a liter of gasoline with a score of reference to national and international markets. In this case it has been chosen as an initial value of 50 cents on the dollar the liter of gasoline,” said El Aissami on Sunday 31 may.
The also minister of oil noted that for this case you can pay with foreign currency or with petros. On this point he emphasized: “the time of the petro”. He assured that in this group of stations will accept this method of payment since it has been so authorized.
During the afternoon of Saturday, Maduro reported that this Monday, June 1 would come into operation, more than 1,500 service stations with a new system of participation. Of the total of distribution centers, in are 1,368 will be charged the liter of gasoline subsidized in 5,000 bolivars with a cap of 120 litres per month per vehicle and 60 liters for motorcycles. If any user requires a higher amount, you should pay for the fuel at $ 0.50 per litre.
In the case of the means of payment will be informed that drivers will be able to use debit cards, credit, cash or bonds of grants of the platform Homeland. In his speech, El Aissami showed a point of sale for service stations in which it will record the amount of litres dispensed and which would be connected to the system Country.
Details were not offered on if these teams were already distributed, if the staff of the stations it was trained or what will happen to those centres where there is no connectivity or electrical service is inadequate, a situation that recurs in various regions of the country-oil.
The announcement of Maduro and El Aissami coincides with a relaxation in the quarantine, national pandemic coronavirus and that will start this Monday.
Use of the petro
In December 2017 Maduro announced the creation of the petro as a project of criptomoneda national. Since then there have been various measures to encourage its adoption in the country. However, the efforts are not yet reflected in the everyday life of venezuelans who have preferred to pay with international currencies like the dollar or denominated in bolivars through debit cards or bank transfers.
Under this framework, Breaking News reported in January of this year that the services government of Venezuela to be paid with petros, which represented a measure of national character which included the collection of PTR for the registration of documents, issuance of passports, services to the maritime or aeronautical, among others. Even the gasoline for the planes also would be charged to the airlines in petros.
To pay for gas with petros users would like alternatives to use the PTR from the petroApp or directly from your wallet petro system Homeland. However, it is not clear what would be the method to follow to use this project criptomoneda at service stations.
The petro has shown difficulties to scale in Venezuela, and to become an alternative to the dollar of the united States, for example. The government has granted subsidies on petro as the so-called “petro bonus”, released in December, but without reaching the expected success.
Its official price would be around $ 60 or a figure close to 11.500.000 bolivars, according to the petrocalculadora. However, in the houses of change of cryptocurrencies, authorized by the government to operate with PTR, your price is traded for less than half of its official quotation.