NO. 27


Outgoing PDVSA President Attacks Venezuela's OPEC-Oriented Oil Policy

The outgoing President of Venezuela's national oil company Petroleos deVenezuela SA (PDVSA), Mr. Andres Sosa Pietri, who resigned on 27 March, has madea sharp attack on the pro-OPEC orientation of his country's traditional oilpolicy. A lengthy critique of Venezuela's submission to OPEC-imposed oilproduction quota restrictions was contained in Mr. Sosa Pietri's resignationletter to the President of...