Middle East Economic Survey

VOL. LII

No 50

14-Dec-2009

Venezuelan Production Data: Does Anybody Care?

By Juan Carlos Boué

Dr Boué is Senior Advisor to Venezuelas Ministry of Energy and Petroleum.

Recently a major British newspaper published an exclusive story in which a whistleblower within the International Energy Agency (IEA) claimed that certain key variables in the agencys World Energy Outlook had been deliberately massaged in order to underpin an unjustifiably rosy scenario for future global...