NO. 35


Venezuela's Production Capacity Expansion Plans Will Be Stretched Out,Says Parra

Venezuela is currently reappraising its ambitious plans for the expansion ofoil production capacity, according to the Venezuelan Minister of Energy, Dr.Alirio Parra. In an interview with MEES Editor Ian Seymour (for text see pagesD1-3), Dr. Parra said that while the longer term targets for production capacitywould remain, their implementation would be "stretched out somewhat."

Under the...