Actually, Spanish sources say that Venezuelan government has already started the distribution of money from El Petro pre-sale, one billion to the Central bank, one billion to Dicom, 500 million dollars spent on development of economic zone, 500 millions on supplies.
http://www.elmundo.com.ve/noticias/...nes-alimentos-materia-prima-traves-del-petro/
http://bitcoinist.com/central-bank-venezuela-1-billion-petro-sale/
http://www.elinformador.com.ve/2018...en-petro-para-la-zona-comercial-de-paraguana/
https://m.aporrea.org/economia/n324304.html
Ok, they are lying to us and we should not trust this information, right? That opacity again...

How have you been able to even try to make a payment in euro there was no IBAN, you lying mate....

No. And as long as Maduro and his combo are in power there won't be one.

We don't know. Maduro claims that 3.338 billions of dollars were collected through the presale. He pointed out that these were the result of negotiations with big companies and investors. What exactly were the terms of agreement of such negotiations (and whether they really exist) is not publicly known. Take for example the "transactions to import worth 1.738 billion dollars", which according to Maduro are part of those 3.338 billions collected. These might be just promises to deliver goods in some future and accept then petros (possibly with a discount).

You cool mate but no it's not possible without an IBAN to do a transfer to an European bank, the bank was in Germany and without an IBAN you can't even attempt to make a wire...No problem, it's neither your fault or mine it's the government of Venezuela , they are pure amateurs,simple.

I see! Thanks for the insightful response. Apparently elections in Venezuela are nearing. So what we're hearing from western media (that are casually biased against Venezuela) is that Maduro's efforts might be tricks to sway the electorate. Whether or not that might be true, I don't know. It's quite weird because a few months earlier the same media was portraying Maduro's referendum as a plan to dictatorship. Why would he worry about elections if he was a dictator? I don't support Maduro but this is just sounding inconsistent.

But honestly, Maduro's moves seem very weird. I've also heard that in the event of another party being elected, all plans for petro could be scrapped.

Germany IBAN Format Example
IBAN Calculator
 
IBAN Country List
 
IBAN FAQ
An IBAN consists of a two-letter country code, two check digits and a Basic Bank Account Number (BBAN). A BBAN includes information about the domestic bank and account number. The IBAN print format adds one space after every four characters whereas the electronic format contains no spaces.
IBAN   DE89 3704 0044 0532 0130 00
ISO Country Code   DE (Germany)
IBAN Check Digits   89
BBAN   3704 0044 0532 0130 00
Bank Identifier   37040044
Account Number   0532013000
SEPA Member   Yes
This is an example German IBAN. The country code for Germany is DE. The IBAN check digits 89 validate the routing destination and account number combination in this IBAN. The BBAN is 3704 0044 0532 0130 00, which contains the country-specific details of the account number. The bank identifier is 37040044 and the account number is 0532013000.
Germany is a member of the Single Euro Payments Area (SEPA).

https://www.xe.com/ibancalculator/sample/?ibancountry=germany

Are you really so naive?
You think that de U.S.A. and its European allies have the right to make the democratically elected "Venezuelan government accept a democratic model of development, respect human rights etc.", like they have done in Irak, Libya and Syria, to only mention a few recent examples of their "humane interest in the welfare of other nations".

Lol dude you can't be serious, an IBAN is personal unless someone gives it to you it's impossible to know someone IBAN...get it together bro

Venezuela doesn't have far too much oil if you take into account dwindling production, internal consumption, obligations from oil-for-cash deals and its need for foreign currency. A deal with India with a discount of 30% would mean that either internal consumption is reduced further, obligations of oil-for-cash deals are not fulfilled or sales with 100% payment are changed to sales with only 70% payment.

Insightful response LOL