VOL. XLVI

No 12

24-March-2003

OPEC

Venezuelan Production Reaches 3.1Mn B/D, Says Government

The Venezuelan Government said on 18 March that crude production had reached 3.1mn b/d, approximately the volume the country was producing prior to the start of the general strike that began last December. However, dissident workers from state-owned oil company PDVSA, who remain on strike, said that production was closer to 2.4mn b/d. According to one dismissed PDVSA executive, production will not be able...