VOL. XLI

No. 50

14-December-1998

OPEC

Venezuela: Politics And Petróleos

by Bernard Mommer

The following article was written forMEES by Dr. Bernard Mommer, Research Fellow atthe Oxford Institute for Energy Studies (OIES) and at St. Antonys College, Oxford.Mr. Mommer is the author of a new publication entitled The New Governance of Venezuelan Oil, publishedby OIES, 1998.

On Sunday, 6 December, Hugo Chávez Frías won the presidentialelections in Venezuela by a huge margin, 56% against 39% for his...