VOL. XLV

No 29

22-July-2002

VENEZUELA

EIA Reduces Venezuelan Production Capacity Estimate To 2.75Mn B/D

The EnergyInformation Administration (EIA) of the US Department of Energy, in its latest OPECfact-sheet published on 8 July, has reduced its estimate of Venezuelan crudeoil production capacity by 350,000 b/d to 2.75mn b/d. The crude productioncapacity does not include the countrys production of syncrude,estimated at 400,000 b/d, and also the 200,000 b/d output of NGLs and condensate. The report...