No 44



PDVSA Plans Liquids Production Of 3.1Mn B/D In 2003

PDVSA President Ali Rodriguez said on 30 October that the country will aim for a total liquids production target of 3.142mn b/d during 2003, of which 2.8mn b/d will be crude. Speaking before the Venezuelan National Assembly, Mr Rodriguez said that for next year estimated production reaches 2.806mn b/d of crude, to which 150,000 b/d of condensate is added and 186,000 b/d of natural gas liquids, for a total...