VOL. XLI
No. 29
20-July-1998
OPEC
Venezuela's 1999 Exports Seen At 3Mn B/D
Venezuela's Minister of Energy and Mines, Mr. Erwin Arrieta, and the President ofPetroleos de Venezuela (PDVSA), Mr. Luis Giusti, told a congressional hearing thatVenezuela's oil exports in 1999 will average 3mn b/d. Their figures are based on exportsamounting to 2.845mn b/d during the first half of the year, in line with output reductionsagreed by OPEC members in June (MEES, 29 June). During the second half of the year,...
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