VOL. XXXIV

NO. 5

5-NOVEMBER-1990

OPEC

Venezuela Reluctant to Return to OPEC Quota After Gulf Crisis, Says SosaPietri

Venezuela will be reluctant to resume its OPEC quota after the Gulf crisisand expects other OPEC members to feel likewise, according to Mr. Andres SosaPietri, President of Petroleos de Venezuela (PDVSA). He told a congressionalbriefing on 31 October that "it is not practical to return to the OPECquota system under the scenarios planned by PDVSA," adding that the plannedincrease in...