VOL.XXXVI
NO.50
13-SEPTEMBER-1993
Venezuela'sParraProposesIncreaseInOPEC Ceiling To
24.5Mn B/D For Fourth Quarter
In an interviewwithMEES,Venezuela'sEnergyMinister
AlirioParrahasproposed that OPEC'sproduction ceiling for the fourth quarter of this year should be set at around
24.5mn b/d when the OPEC Oil Ministers meet in Geneva on 25 September to consider this question.
The proposed 4Q ceiling of 24.5mn b/d is 900,000 b/d higher
than the present official 3Q ceiling of 23.582mnb/d,but wouldleaveno...
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