VOL. XLV

No 49

9-December-2002

OPEC

PDVSA Declares Force Majeure As General Strike Hits Crude And Products Shipments

Venezuelas state-owned oil company PDVSA said on 5 December that it would declare force majeure on crude and products exports on 6 December as the general strike that started on 2 December began to hit company operations. Loading at the giant 940,000 b/d Paraguana refinery has been brought to a halt by the absence of PDVSA personnel who normally issue loading instructions, while...