If PM Modi accepts this offer, then petrol will cost Rs. 23 and diesel Rs. 21 can be cheaper !!!
If PM Modi accepts this offer, then petrol will cost Rs. 23 and diesel Rs. 21 can be cheaper. Currently, petrol diesel prices are increasing in the country. However, on Wednesday, oil companies have slashed prices. But this did not help the common man anymore. According to a report, the Modi government has an offer that they can offer up to Rs 23 per liter of petrol and Rs 21 for diesel. The world’s largest crude oil reserves, Venezuela, has offered this offer to the Indian government. If the Modi government accepts this offer from Venezuela, then the rising prices of petrol diesel in the country can take a break. The final decision on this offer is to take the PMO.
Venezuela, the world’s largest crude oil reserves, has said that India is ready to provide at least 30% refined oil if it uses its currency petrol for import of crude oil. Venezuela recently launched the New Blockchain Technology-based Currency Petro. If India is ready for Venezuela’s offer, then this offer can be of great benefit.
The biggest imports are crude
India imports 80% of its requirement of crude. If India imports most of the crude oil from Venezuela, petrol and diesel prices can drastically to reduced. This will not only reduce the price but also get relief in inflation.
Petroleum-related first cryptocurrency
Petro is the first cryptosystem that supports any country in the world. His name can derive from Petroleum. Because this country has huge reserves of crude and its economy is largely dependent on it. Venezuela has the world’s largest crude oil reserve of 300 billion barrels. The second place is Saudi Arabia. He has 266 billion barrels of crude reserves.
India tour of Venezuela team
Last month a team from Venezuela’s Blockchain department’s expert visited India. In the meantime, he also made a deal with the Delhi-based Bitcoin trading firm noncancer. A senior Venezuelan official has said that the private sector has been showing interest to invest in petrol in India by somebody.
30% discount offer
According to a report from the Business Standard, a senior Venezuelan official said that he received good response from the private sector in India. According to the report, Venezuela offered at least 30% discount on the purchase of crude oil via petrol.
127 countries have shown interest
According to the report, Petro has so far collected $ 3.8 billion. 127 countries have expressed interest in it. Petro has been launched after the presidential election in Venezuela on May 20. It is said that through this there will be stability in the country’s economy.