VOL. XLV

No 11

18-March-2002

OPEC

PDVSA Executives Call For Negotiated Solution, But ChavezHangs Tough

The executives of Venezuelasstate-owned oil company PDVSA on 13 March urged a negotiated end to the disputeover the companys board of directors, saying that oil production could beaffected if the crisis was allowed to continue. PDVSA executives gathered in a Caracashotel and read a statement that said: Not solving this crisis could lead to arapid deterioration of the companys production...