VOL. XLV

No 31

5-August-2002

OPEC/VENEZUELA

Rodriguez Says Venezuela Has Spare Capacity To Meet Increased Crude Demand

Venezuelahas sufficient spare capacity to meet possible increase in global demand forcrude oil, according to the president of state-owned PDVSA, Ali Rodriguez, in atelevision interview on 31 July. The capacity at this moment is comfortable tomeet possible increases in demand, he said. According to PDVSAsfigures, the companys capacity at the moment is 3.5mn b/d. If you add the...