VOL. XXX

NO. 4

03-November-1986

OPEC AND OIL PRICES

Venezuela Would Not Oppose Extension of Current OPEC Accord

Venezuela wouldnot oppose extending the term of the current OPEC production agreement after itexpires at the end of December, according to Energy Minister Arturo Hernandez Grisanti.

Speaking in Caracas last week, Dr. Hernandez Grisanti stated in thisconnection: '~e would not oppose extending the accord and for a term of twomonths if this idea arises at the next conference. It could...