VOL. XLI
No. 04
26-January-1998
SAUDI ARABIA
Saudi Arabia Delivers Sharp ResponseTo Venezuelan Charges Of Overproduction
Saudi Arabia has come out with a sharpdenial of accusations by a leading Venezuelan oil official to theeffect that the Kingdom is currently producing at a level wellabove its new OPEC quota of 8.76mn b/d. Mr. Luis Giusti,President of Venezuela's national oil company Petroleos deVenezuela (PDVSA), speaking on 20 January in Caracas at a seminarsponsored by the...
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