VOL. XXXVII

NO. 22

28-FEBRUARY-1994

Venezuela To Propose New Oil Producer/Consumer Forum

Venezuela's new Energy and Mines Minister, Erwin Arrieta, says he plans topropose, at the next OPEC Ministerial Monitoring Committee (MMC) meeting inMarch, the creation of an oil producer and consumer forum. This forum wouldbring producers and consumers together at least once a year to examine, discussand evaluate energy production, trade and consumption, he said.

Mr. Arrieta told reporters in Caracas that "it...