VOL. XLVI

No 35

01-September-2003

OPEC

Vierma Appointed Head Of New PDVSA Unit CVP

Venezuelan Deputy Oil Minister Luis Vierma has been appointed president of the newly-created division of state oil firm PDVSA that will handle relations with foreign joint venture partners. The Venezuelan Petroleum Corporation (CVP), which had previously run risk-sharing contracts with foreign companies, will now be responsible for all types of joint venture contracts in the countrys oil sector. CVP will be...