NO. 40



Venezuela Remains Loyal Member of OPEC

Mr. Carlos Andres Perez, the Venezuelan President, said last week that hiscountry remains a loyal member of OPEC and has no intention of leaving theOrganization. "I want to affirm in the most emphatic and unequivocal waythat we will firmly keep our position as an OPEC member, respectful of itsagreements. At no time has there been any intention to alter our policy ofremaining in OPEC. We are fighting to obtain full...